@Anonymous wrote:
also, your holding period starts with the date of distribution so even if the stock doubled in value the next day and you sold it that day. it would be a short term capital gain
If the stock has that much volatility it has no business even being in a retirement account for a 70 1/2 plus year old in the first place. Much simpler to just sell some stock, take the distribution and use the cash to repurchase the same stock. The result should be almost the same with a lot less paperwork.
(I am assuming that you are asking about the future in 2021 because as pointed out above, there is no RMD for 2020.)
**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.**
