Please help! I realized today, that I did not take my RMD for 2021.
I called my broker and they did the calculation for me and I took the RMD, however it is too late for them to send me the proper form for my 2021 taxes because it is 2022 now and the RMD that I took was for 2021.
In 2020 the RMD was waived because of Covid and I thought it might be waived again because of Covid. But found out today, it was not. The broker said I need to file IRS Form 5329 with my return.
I always e-file my return online with Turbo Tax. Can I access Form 5329 through the Turbo Tax Software and is there a way to indicate I am requesting a penalty of forgiveness along with letting the IRS know I have taken the RMD, I just took it late?
OR
Do I have to print out "Hard Copies" of my returns and send them in by mail?
I realize similar questions have been answered in various different posts, but I want to be very clear on how to handle this issue. I would prefer to just file online like I have been doing.
I would be very grateful for any detailed response. Best regards and Thank You!
