IdaBoi
Returning Member

Retirement tax questions

I don't think my IRA situation is as complicated as some of the other enquirers.  I am the fiduciary of the trust and the beneficiary of the IRA.  I did as you recommended: Entered the IRA distribution form 1099-R on 1041, Line 8, and Line 18.  However, TurboTax apportioned that amount on the K-1 to Lines 1, 2a, 2b, and 5, not line 5 only.  I, the beneficiary, plan to show this "Other" as IRA distribution to myself on my 1040.