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Retirement tax questions
I missed the 2021 RMD and had the disribution taken as soon as I realized it had been missed in March 2023 - I've compiled a letter of explanation and have Form 5329. 2 questions:
For Line 55 - would this be 0 or 50% of the missed RMD? Line 54 will have a 0, with the RC RMD Amount written in parentheses on the line to the left.
What address should the Form and Letter be mailed to? There are certain addresses for different Forms, but none list 5329. Instructions I've read don't give an actual address.
thanks!
‎April 8, 2023
12:59 PM