Billy1707
New Member

Retirement tax questions

This makes no sense.  Her income EARNED in 2024 is through 12/31 regardless of when it's paid.

 

Why do the rules say "Earned" income, if it is actually "paid" or "distributed" income?  You obviously know better, but makes absolutely no sense.  The phrase "earned income" should be banished from all documents and websites if that is not the actual metric!!  Total typical confusing bull.