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Retirement tax questions
Thank you for your response.
That is exactly what I did. However the portion of the distribution not allocated to the ROTH conversion was not sufficient for the RMD from that account. Although I had other IRAs that I took RMDs from, I was short by about 4,000 in this account. As a result, it forces me to use Form 5329. I did take the remainder of the RMD this year which should be legal as I have until April 1 to make the "Correction" as I only turned 73 last year. The problem is that I now have errors on Form 5329 that I don't know how to deal with.
‎February 11, 2025
11:13 AM