DanaB27
Expert Alumni

Retirement tax questions

If you took the RMD for 2024 in 2024 then you took the RMD in time and do not have to worry about the correction window.

 

Pub 590-B states:

 

The “correction window” is the period of time beginning on the date on which the additional tax is imposed on the distribution shortfall and ends on the earliest of the following dates:

 

  • The date of mailing the deficiency notice with respect to the imposition of this tax, or
  • The date the tax is assessed, or
  • The last day of the second taxable year that begins after the date of the taxable year in which the additional tax is imposed.

@M1WV 

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