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March 13, 2021
Question

If I didn't take my RMD because of the break in 2020 and did not receive a 1099-R, do I report anything?

  • March 13, 2021
  • 1 reply
  • 0 views
(Meaning the CARES Act)

1 reply

DoninGA
Employee
March 13, 2021

If you did not make a withdrawal or receive a Form 1099-R then there is nothing you need to report on your tax return.

March 13, 2021

So there will be no penalty for not taking a RMD, correct?

Thanks so much.