qbteachmt
Level 15
12-07-2019
05:25 AM
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Then the taxable amount has to be determined from all of the traditional IRA accounts, using the total Basis against the total FMV at year end, for the % of distribution(s) that is and is not taxable. You can do that math, and you can look at form 8606 to see how it uses the 1099-R data for that calculation.
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