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Retirement tax questions
@lnabutovsky wrote:
If I understood you correctly as I receiving my monthly checks I can designate all of them as RMD on my tax return. It does not affect the results of tax return calculations but allows me not to be hit by penalty.
Correct. NOTHING about a RMD goes on your tax return whatsoever. Just say it was all a RMD and move on.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎February 28, 2020
9:53 PM
20,066 Views