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Retirement tax questions
My question is about pension payouts and RMD. In calculating how much money I withdrew from retirement accounts can I add my pension payout for the year (on 1099-R) to the withdrawal total for the year, also on a 1099-R, from my IRA custodian?
I'm guessing the answer is no because the value of the pension is not known and therefore is not part of the calculation for the total of retirement account balances.
Thanks for your help!
March 16, 2024
12:53 PM