UltraTax CS
New (tax) year, new help!
Fixed Assets and UltraTax CS 2023 help is now on Help and Support. We're still moving articles, but you can find most content for the 2023 tax year there. Continue using the Help & How-To Center for tax years 2022 and older.
Question
Why won’t the Worksheet for Owners compute the required minimum distribution for a Roth IRA?
Answer
There are no RMD requirements for a Roth IRA account while the owner is alive, so the Worksheet for Owners does not calculate when a 1099R-3 screen unit indicates that it is an inherited Roth IRA by entering a 2 in the Type of plan field.
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