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

posted

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.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"