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This is a reportable IRA distribution. If this occurred in 2015, your IRA trustee should have reported the distribution on Form 1099-R showing the Fair Market Value of the property as the gross amount distributed.
It's taxable to you in the same way that this gross amount would be taxable to you if it was a cash distribution.
This is a reportable IRA distribution. If this occurred in 2015, your IRA trustee should have reported the distribution on Form 1099-R showing the Fair Market Value of the property as the gross amount distributed.
It's taxable to you in the same way that this gross amount would be taxable to you if it was a cash distribution.
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