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Retirement tax questions
The instructions for Form 5329 indicate that you are not to send payment for the penalty on the amount on which you are requesting the waiver. The IRS will bill for the penalty in the unlikely event that they do not grant the waiver. The only case where I can imagine the IRS denying the waiver would be for an explanation that indicates that the delay in completing the RMD was intentional.
‎June 4, 2019
5:23 PM