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Employee
March 5, 2021
Question

If the fed suspended rmd for last year why would I owe a penalty on the amount not taken?

  • March 5, 2021
  • 2 replies
  • 0 views
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2 replies

Employee
March 5, 2021

You shouldn’t. 

VolvoGirl
Employee
March 5, 2021

Did you get a 1099R form?  Did you get the RMD and send it back?  Or how/where are you seeing a penalty for not taking it?  If you had a 1099R transfer over from last year then delete it.