Hi,
My father recently passed, and I'm helping my mother with her taxes for 2023.
My mother his IRAs at both t Fidelity and at Charles Schwab into her own IRA, and then received 1099-Rs for both of these payments. However, while I have uploaded these forms into TurbTax, the amounts for the RMDs are NOT being included as a part of taxable income.
Is this an issue with TurboTax? User Error? Or am I misunderstanding how an RMD should be included as part of income?
Thanks!
