Does the required distribution from an IRA considered income ? I am trying to determine if my daughter (whom I live with) can claim me as her dependent.
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Does the required distribution from an IRA considered income ? I am trying to determine if my daughter (whom I live with) can claim me as her dependent.
She pays for everything except my medical which I pay for with Social Security.
Does the required distribution from an IRA considered income ? I am trying to determine if my daughter (whom I live with) can claim me as her dependent.
Yes it counts. Is the IRA RMD more than 4,700? Then she can't claim you.
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