Re: Does TT have to do anything, as Fidelity advised that a stk sold early in '21 in my IRA requires a Form990-T + additional tax by 7/15, which they say they will handle?
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Does TT have to do anything, as Fidelity advised that a stk sold early in '21 in my IRA requires a Form990-T + additional tax by 7/15, which they say they will handle?
Fidelity advised they will automatically take taxes due from my IRA to pay the IRS and file the necessary form 990-T. Should Turbo tax go back into my account in Fidelity and update my 2021 filing?
Does TT have to do anything, as Fidelity advised that a stk sold early in '21 in my IRA requires a Form990-T + additional tax by 7/15, which they say they will handle?
NO ... there is nothing about this form that is reported on a personal income tax form 1040.