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Retirement tax questions
If TurboTax asks for your 2025 year-end balance in traditional IRAs, that's what you need to enter. This value has nothing to do with determining the amount of your RMD but instead has to do with determining the taxable amount of your traditional IRA distributions (the taxable amount of the portion that is not QCD), calculated on Form 8606 when you have basis in nondeductible traditional IRA contributions.
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