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Level 1
Sep 29, 2023 9:21 PM UTC
Question

TRADITIONAL IRA CASH VALUE REPORTING

On a financial form where it asks for "What Is The Total Cash Value Of The Asset Associated With This Income" can I only show the annual RMD requirement for this traditional IRA income, or do I have to provide the full value of the IRA?

2 replies

Level 15
Sep 29, 2023 9:49 PM UTC

It’s asking for the total value of the IRA. 

fanfare
Level 15
Oct 1, 2023 7:21 PM UTC

you must enter the year-end value of all Traditional, SEP and SIMPLE  IRA accounts.

 

@shalimar81