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Inherited IRA Distribution NIIT
Hello, I've tried to find a clear answer on this one but I keep getting conflicting responses. An IRA was inherited by a non-spouse and not subject to RMD. I know distributions themselves are federal and state taxable and the amount counts towards MAGI for NIIT purposes. However my question is, distributions are taken is NIIT owed assuming it's over the income threshold?
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May 12, 2025
10:31 PM