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Culinary-72
Returning Member

Fair market value

Where on your tax return do you put fair market value reported to IRS from 2021 IRA minimum distribution  statement

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DianeW777
Employee Tax Expert

Fair market value

You should have received a Form 1099-R with the amount of your required minimum distribution (RMD).  The following link will show you how to enter that form.

If you are referring to the Form 5498, this is not a tax reporting document for your personal return. It is information return required by the IRS by the institution holding your IRA.

 

[Edited: 03/09/2022 | 1:04p PST]

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