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RMD
My question is my RMD for 2020 was $29,000 and after federal taxes the net was $26,100.00 but i reported $29,000
did i do right
March 5, 2021
3:58 PM
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After you file
Yes. The tax withheld was part of the distribution and is taxable income reguardless of what you did with it.
**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.**
March 5, 2021
4:05 PM