Retirement tax questions


@VolvoGirl wrote:

@macuser_22   When I enter a test IRA RMD in Online it then asks me when the original owner was born?  And how old they would be if they lived.  I didn't say it was inherited.  Is that right?  I shouldn't get that screen.  Can you check or pass it on?


It should only ask that question if the box 7 code was a 4, which IS inherited or can be in the case of a T  - you do  not need to say that it is inherited the code says that.     What box 7 code did you enter?

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**