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February 20, 2025
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Form 8606

  • February 20, 2025
  • 1 reply
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On line 7 of form 8606 should I include RMD from traditional IRA accounts?

    Best answer by dmertz

    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.

    1 reply

    dmertzAnswer
    Employee
    February 20, 2025

    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.

    jmjoeskiAuthor
    February 22, 2025

    Thank you for such a quick reply.  I really appreciate it.