On line 7 of form 8606 should I include RMD from traditional IRA accounts?
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Assuming that the distribution is not from an inherited IRA, TurboTax will automatically include the RMD on line 7 of Form 8606 if you entered the Form 1099-R and did not report the distribution as being a Qualified Charitable Distribution or an HSA Funding Distribution.
Assuming that the distribution is not from an inherited IRA, TurboTax will automatically include the RMD on line 7 of Form 8606 if you entered the Form 1099-R and did not report the distribution as being a Qualified Charitable Distribution or an HSA Funding Distribution.
Thank you for such a quick reply. I really appreciate it.
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