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Retirement tax questions
You continue to recommend using the box 1 value for the RMD value. This is about the worst thing you can do. It screws up the follow on decisions for total RMD, Roth Conversion amount, and if you did a rollover the amount you rolled over. The consequences of following this advice are worse than the original problem.
Plain and simple, using Box 1 values does not work for most people.
‎February 17, 2025
12:45 PM
1,089 Views