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Retirement tax questions
If you mark NO, the program will charge you for having not taken the required distributions.You want to mark yes to the RMD box meaning that you took the minimum necessary for that retirement account, regardless of which account it came from.
For example:
Say you have 4 retirement accounts, all have a minimum distribution required. You can take all 4 minimums from one account. You just have to withdraw that total minimum amount from your retirement supply.
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March 18, 2020
4:07 PM