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Retirement tax questions
I was reading through this information trying to find an answer to my question and thought maybe I can ask here..
I received a pension payout for a retirement plan that belonged to a deceased member of my family. Part of this was RMD, part was not (as far as I can tell, 2 checks were sent). I am reporting the total amount listed on the 1099-R but then the question pops up, how much of this was RMD... do I put in the gross amount or the post tax amount I received in the check? Does it matter?
Thanks for any help!
ā€ˇFebruary 10, 2021
1:18 PM