- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Sorry this is a bit confusing. I tried to follow the IRS instructions and got...
Line 52 = $5986 (calculated RMD)
Line 53 = $0 or $5986? (no distribution was made in 2019, it was discovered and taken in 2020..I'm guessing $0)
Line 54 = assuming "$0" on Line 53 then = $5986 on line with "RC (5986)" to the left of the Line 54 box.
Line 55 = $2993 (penalty amount).....but do I actually include the payment with my mailed in taxes or not?
May 23, 2020
3:18 PM