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Retirement tax questions
As you turned 70 1/2 in 2019, you have until 4/15/20 to withdraw your RMD. So you are perfectly in line with the tax laws. You have nothing to report in 2019.
Your will receive a 1099-R for tax year 2020 which you will enter in your 2020 return.
Just remember to withdraw your RMD for 2020 before 12/31/2020.
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ā€ˇFebruary 26, 2020
1:51 PM