990T Question

Hello, can distribution used fees on a 990T be applied to the clients RMD amount for the year?



No, the tax due, tax prep fees, and other related fees are directly deducted from the IRA. There is no 1099R issued. All RMDs would be reported on a 1099R. That said, these costs are being paid with pre tax dollars except when the IRA is a Roth.

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