Ok great - thank you!
So just to clarify, I received a Form 1099-R for 2023, but it does state "$0.00" for taxable income but gives an amount for "gross distribution". As I did not withdraw any amount or take monthly payment, my understanding is that I do not need to file a return for 2023. Is this correct?
Given your last point: "U.S. tax law provides that an individual does not pay U.S. taxes on amounts in an IRA until distributed." - My understanding is that I will not pay U.S. taxes on this IRA account until it is distributed. Is this also correct?
Thank you so much for your help.
