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In tests of 2019 marginal rate on IRA (Simple, code 7) withdrawal for joint return of retired 73 yo couple, Turbotax 2018 estimates unrealistic marginal rate (<2%). Why?
Found the problem, and it was my error. In the IRA worksheet, I had mistakenly entered the basis of the IRAs as equal to their value. In fact, their basis is zero. After this correction, the program calculates the marginal withdrawal rates correctly. Thanks to those who answered.
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‎June 6, 2019
1:59 AM