Anonymous
Not applicable

RMD missed for 3 years, realized last year and pull full amount

My dad missed his RMD for 3 years (2017, 2018, 2019)  because he was working and thought this didn't apply. Took out a partial sum to cover the RMDs in the missed years plus 2020 after realizing and has received a 1099R for the year 2020. 

 

Does filing the waiver in form 5329 for 2020 cover the last 3 years, or would I need to file form 5329 for every year missed? If so, would the amount waived be the total RMD for the years missed (2017-2019). \

 

Lastly, what's the best way to file a 5329 using TurboTax?

 

Thank you so much!