FangxiaL
Expert Alumni

Retirement tax questions

I need more information to answer your question.

 

Please clarify:

  1. Is it a contribution to your wife's Traditional IRA account?
  2. Did either you or your wife have earned income for 2020?
  3. When you said that you had to withdraw, what did you mean, financial reason or she had to take RMD?
  4. When you filed your 2020 tax return, how did you report the contribution and distribution?

@jwhart

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