RobertB,
Thank for the info. I look through the instructions which all apply to distributions in year 2024, did not mention anything about excess accumulation (e.g. RMD that accumulated and didn’t take out) of qualified planes.
In 2024 I did not take out excess RMD but took out on Jan 6, 2025. Therefore on Form 5329 box 52a I entered the amount I took out on Jan. 6, 2025. The rest of the boxes from 52b to 55 which apply to 2024 are all zero. So I think I don’t need to file 3805P but attached 5329 for the state tax return. Am I right? I need your expert advice. Thanks!
