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Retirement tax questions
@MKCDAC wrote:
I had the same problem last year. Although actual date of birth is in July, I had to make it June 30. I think the program has a problem with the age 70 and a half calculation.
Yes, I have confirmed the bug and submitted it to the moderators to give to the developers. It seems that they chanced the program to allow the QCD for age 72 but overlooked the half year between 70 1/2 and 72.
However, it you had the problem last year then you are a year older in 2021 so you should now be 72 which works fine.
**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.**
‎January 17, 2022
1:32 PM