@suzanne_hoyt wrote:
We are required to take the RMD in 2019 and we had until April 1. We recieved the distribution from the Carpenters Annuity Trust but did not get a 1099R and we need it to report it on 2019 tax return. The problem is that their office is closed to calls and has been since the check came due to the Covid 19. We told them before the distribution came that we needed the 1099R and assumed they would send it with the distribution. Are you saying we did not need to take the RMD for 2019?
When did you take the distribution?
If in 2019 then the financial institution was required to get the 2019 1099-R to you by Jan 31, 2020. If you did not receive it then contact the financial institution for a copy.
Or, if in received in 2020 then nothing goes on your 2019 tax return because you were not required to take the first RMD in 2019 if you turned 70 1/2 in 2019. That will go on your 2020 tax return next year.
If deferred to 2020 then under the CARES act you do not need to take it at all this year because all 2020 RMD's have been temporarily suspended because of the Corona virus.
**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.**
