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Missed RMD
Hello I erroneously missed my RMD in 2021. I will will fill out form 5329 for missed Rmd and submit after I file the 2021 taxes with turbo tax. Do I send check for estimated tax on rmd (20% historically) ? I don’t see where my broker vanguard offers to hold back tax. I will fill out the reasonable cause details and send note so I don’t have to pay 50% penalty. I would submit with my taxes but I believe this would not allow me to electronically file. I have read that I should do this as a separate transaction in the mail. Please help!
thanks
joe
March 9, 2022
4:21 PM