JamesG1
Expert Alumni

Retirement tax questions

Perhaps.  What is your age?  Are you reporting a distribution from a retirement account?

 

Required minimum distributions (RMDs) are the minimum amounts you must withdraw from your retirement accounts each year. You generally must start taking withdrawals from your traditional IRA, SEP IRA, SIMPLE IRA, and retirement plan accounts when you reach age 73.

 

See also here.

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