pk
Level 15
Level 15

Deductions & credits

@dmertz , you are correct  ----I had assumed that the admin.  having transferred directly the QCD amount  had all the info to provide the correct taxable amount.  But given the  various and sundry  different situations, that was too simplistic approach .   I stand corrected..   

I see on further looking into the situation  & reading  up  pub 590-B, that  indeed the owner of the account is the only one  that can determine the taxable amount  with the help of form 8606.

 

Thank you for pointing out my error

 

pk