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I rec'd a $4200 distribution from an inherited ROTH
My cousin's passing left me with both a traditional IRA and a ROTH. I received a $4200 gross distribution from the ROTH, taxable amount not determined is checked, distribution code is T.
TT says this is a nontaxable distribution. I'd like confirmation that this is correct, please. I know the Traditional IRA distribution IS taxable.
Thank you.
‎June 28, 2023
11:54 PM