I took a disbursement from an IRA I inherited during 2024. TurboTax asks how much of that disbursement was an RMD. RMD is 10%, but 10% of what? 12/31/23 balance was 0.
I took a disbursement from an IRA I inherited during 2024. TurboTax asks how much of that disbursement was an RMD. RMD is 10%, but 10% of what? 12/31/23 balance was 0.