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8606 calculation help. In regards to deceased husbands RMD/Trad IRA, which is now treated as Wife's Trad IRA. Husband passed b4 RMD, wife took his and hers by end 2016.
Wife received 1099-R, showing total of both RMD's.
2015 Return Cost Basis:
8606-T Husband- $7000
8606-S Wife- $4000
2016 8606-S form is using the $4000 as basis. Should it not use the total of both husband and wife?
Wife did not choose option for, if the 1099-R was inherited. Is this correct or no?
How to show Husbands RMD was met? Or is just saying yes it was, enough?
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‎June 4, 2019
9:39 PM