Veneia Michelle
Level 2
07-14-2020
06:30 PM
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Hello, How do I complete Form 8606 for an Inherited IRA where the mom's total basis for 2018 was only $839.00 and it's to be split for a brother and sister who both inherited part of the IRA. My client is he brother....
Thanks.
George4Tacks
Level 15
07-14-2020
07:45 PM
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How about using $419.50 as basis.
Answers are easy. Questions are hard!
