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posted Mar 28, 2020 9:05:31 AM

Why does Turbotax ask the name and date the benefactor/ decedent passed away in addressing an inherited IRA? Turbotax does not ask enough for it to determine the RMD.

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1 Replies
Level 15
Mar 28, 2020 10:18:04 AM

This information is used to determine whether or not TurboTax should ask if you or the decedent completed the decedent's year-of-death RMD, if any.