Claiming capital gains on funds moved from an Inherited IRA
I recently journaled shares from an Inherited IRA to another account (same brokerage) in order to meet 2023 tax year required minimum distributions (RMD). I intend to claim the amount of the journaled shares on our 2023 taxes, and will pay taxes on those capital gains. My question is: "If I sell the recently journaled funds in the non-IRA account, am I also liable for the capital gains (e.g., normally upon liquidation of shares, capital gains must of course be claimed and taxes subsequently paid). Or does the fact that I'll already be claiming those capital gains as an IRA RMD negate any further need to claim capital gains?
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