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Get your taxes done using TurboTax
you may want to consult a tax pro. a late RMD is subject to a 50% penalty for both years. didn't the IRA trustee send you notices about RMDs for those years? the IRS looks at all the facts and circumstances in your request to abate penalties. a poorly worded request could result in the IRS denying it
‎January 16, 2023
5:02 PM