@CDY wrote:
My wife's financial manager failed to withdraw/report her 2019 RMD until Feb 10th 2020. At that time taxes on the RMD were pre-paid to the IRS. A letter from TRANSAMERICA (the annuity holder) states they must report this via a 2020 1099R.
I therefore plan to omit this RMD from our 2019 return.
Can I report these pre-paid taxes to reduce our 2019 taxes due? If so, how/where?
No. Tax withholding in 2020 goes on your 2020 tax return next year.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
