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justjeanna
Sep 23, 2016, 08:23 AM
For a Qualified Relative's Gross Income--is all of the proceeds from a non-qualified distribution of a Traditional IRA considered as part of "Gross Income"?

And do we know the limit for 2016 (I know 2015 was $4000)

ebaines
Sep 23, 2016, 09:33 AM
A person's gross income includes distributions from a traditional IRA.

To claim a qualifying relative (for Head of Household filing purposes), the relative must have gross income less than $4K for 2015. I don't know what that limit will be for 2016, but must likely will be somewhere between $4000 and $4200.

AtlantaTaxExpert
Sep 26, 2016, 09:14 PM
ebaines has it covered.