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Retirement tax questions
No, you cannot report the late RMD on your 2023 tax return, even though it's "for" 2023. You took the distribution in 2024. It will be included in your 1099-R for 2024 and you will pay tax on it on your 2024 tax return. You have no choice about when to report it.
April 21, 2024
5:15 PM