My father took a lump sum distribution from his pension at retirement and opened an IRA. Are the distributions (RMD and additional) to be included in income when figuring the Net Investment Income tax amount?
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If he did a complete rollover then that is not counted for the NII however the RMD is part of the AGI.
If he did a complete rollover then that is not counted for the NII however the RMD is part of the AGI.
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