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New Member
posted Feb 12, 2024 4:15:05 PM

Is my RMD for my inherited IRA the same as IRA tax basis

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1 Replies
Expert Alumni
Feb 12, 2024 5:09:54 PM

No, your required minimum distribution is the amount you are required to distribute from your retirement account every year. You IRA tax basis is the amount in your IRA that represents non-deductible contributions you made to your retirement account.