MinhT1
Expert Alumni

Retirement tax questions

As you were born 07/02/1949, you reached 70 1/2 on 01/02/2020.

 

From tax year 2020, the age at which RMDs are required has been raised to 72 (instead of 70 1/2 previously).

 

Please read this IRS document for more information.

 

You can still claim a QCD from age 70 1/2. Please use the work-around detailed in this Community answer by Champ mcuser_22.

 

@jss11   Sorry for the confusion.

 

[Edited 02/25/2021  02:12 PM PST]

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