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Retirement tax questions
No, if your parents took their RMD for 2022 then they won't have to file Form 5329 for the penalty.
Both the 2021 and 2022 RMD will be included on their 2022 tax return.
They should have filed Form 5329 with their 2021 return.
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‎April 5, 2023
9:27 AM