tlgabe
New Member

Retirement tax questions

Ugh.  Earlier version of Turbo Tax showed he received the EITC (did not have the limit at the total income level).  So I used the info to determine distribution from a special needs trust.  I have some flexibility, but of course undistributed is then taxed at the trust with unfavorable rates.  Not that much money but for him, $400 matters!