SLKisling
Returning Member

Retirement tax questions

Thanks, dmertz, your comment about checking that 1099-R got me thinking. Although it was imported, I pulled exclusively from an Inherited IRA (non-spouse, etc.) this year and my own traditional IRA last year. The Inherited IRA would have its own basis, separate from my own, and since I never contributed already-taxed moneys to it there would be no Nontaxable Amount in the distribution.