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February 12, 2021
Question

Is it not required to take RMD's in 2020 so which box do I check?

  • February 12, 2021
  • 1 reply
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i withdrew more than enough which box do I check

1 reply

February 12, 2021

The RMDs have been waived for tax year 2020.

 

Please read this IRS document for more information.

 

In TurboTax, if you withdrew in 2020 more than your RMD, you can choose either Only part of this distribution was a RMD or None of this withdrawal was a RMD. There is no penalty.

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