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February 12, 2025
Question

My wife failed to take the required RMD for 2024 from Schwab for her IRA. NO form 1099 was generated. Will use of form 5329 satisfy the requirement ?

  • February 12, 2025
  • 1 reply
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    1 reply

    February 12, 2025

    Yes, you file Form 5329 if you didn’t receive the minimum required distribution from your qualified retirement plan.  You would have received a 1099-R if you had any distributions.