dmertz
Level 15

Retirement tax questions

This late RMD that you will take in 2022 will be reportable on your 2022 tax return.  Only the request for waiver of the excess-accumulation penalty (Form 5329 Part IX and explanation) will be in your 2021 tax return.  Since you are requesting waiver of the penalty, you are not to pay the penalty with your 2021 tax return.

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