Husband died in 2023. The financial firm where he had his IRA opened up an IRA account for me and transferred his money into a new IRA account for me with this same firm. I took the $50,000 RMD amount that needed to be taken out for the year and had 20% ($10,000) deducted for taxes. TT is askingabout this $10,000 and I don't know how to answer. It says that $10,000 was withheld from this distribution. Need to pick an answer to the following question........
Did I deposit $10,000 from my own funds in addition to the $40,000 received from the distribution?
Yes...I added $10,000 to make up the difference
or
No...I didn't add my own funds to make up the difference
What do I answer if this $10,000 was deducted for federal taxes?
