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Pension Lump sum distribution and RMD
My situation is that I received a lump sum pension distribution in July, 2019.
I rolled it over to a IRA.
I did not receive any Form1099-R or documentation from the employer if they had taken out the Federal and State taxes prior to the rollover.
I turned 70 1/2 in December 2019. Am I required to file for RMD now for 2019 and also 2020, 2021, etc? Do I report the 2019 RMD if paid before April 2020 on the 2020 tax return?
I understand there is a new law requiring RMD at age 72. Would I be able to be grandfathered in?
Thanks
‎February 10, 2020
8:11 PM