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April 10, 2024
Question

What to do with a beneficiary IRA ? The form I received was "2023 IRA Fair Market Value and 2024 Required Minimum Distribution Statement, but no distribution was taken.

  • April 10, 2024
  • 1 reply
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1 reply

VolvoGirl
Employee
April 10, 2024

That doesn't go on your return.   Is it a form 5498?  That's telling you how much RMD you need to take out this year in 2024.