- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
I just ended an online update class today and that is what was said ... also the tidbit that although the IRS accepts the 5329 form with any penalties that folks want to send them they have never sent a letter imposing a penalty for failure to make the withdrawals timely. In the 30+ years doing taxes I have never filled in a 5329 for any client and to date there have been zero IRS notices. They just don't have the ability to match up all of those RMD to the returns.
‎January 5, 2024
2:07 PM
1,609 Views