Hi Minh,
Thanks for your response, but it did not address my bulleted questions.
I have completed my Turbotax 2022 entries, which included a 5329 asking for a waiver of the penalty on the 19k.
- As the late filing will not include the 19k that was not reported in 2022, how will the IRS handle the additional 19k tax liability for 2022?
- Will they add the 19k income to my 2022 tax year filing, revise the tax I owe, and bill me?
- If not, will the 19k be added to my 2023 RMD??
