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Posted Mon, 05 Jun 2023 16:56:26 GMT by
Hi, I have an inherited ira rmd distribution. Last year I ended up with a large year end tax bill. This year I want it in my page code, so I have declared the amount under UNEARNED INCOME. Is that correct?
Posted Wed, 07 Jun 2023 15:47:21 GMT by HMRC Admin 10
Hi
No.
It still has to be declared as foreign income.
Once the return is submitted, you can then telephone to have a restriction placed in your code on 0300 200 3310.
Thankyou.

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