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Retirement tax questions
The shortfall you are requesting to be waived is the actual RMD amount.
Ignore the extra amount.
The custodian must have told you the exact RMD amount? or you calculated it yourself from Pub 550B?
If now you say you are not sure what the RMD was, review the rules in Pub 550B.
You can't file 5329 with a guesstimate. It must be correct for the calculation just mentioned above.
‎April 19, 2022
8:56 PM