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February 10, 2025
Question

Is the correct answer "entire distribution was RMD" or "only part of distribution was RMD"? I took out more than the minimum.

  • February 10, 2025
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    February 10, 2025

    If you took out more than the minimum amount you must withdraw each year, the RMD is the minimum amount you must withdraw. Anything above that is not part of the RMD.

     

    For more details, check out the IRS FAQs.