- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
RMD withdrawal time frame
Just want to verify that Turbo tax was wrong as I was working on my tax return.
I turned 72 on October 2022. That should mean I have until April 1, 2023 to take my 1st RMD and another before December 31, 2023 , Correct?
Instead, I took my 1st RMD on December 2022, therefore, I could take my 2nd (2023) RMD before the end of this year, Correct?
I just input my RMD I took in 2020 into Turbo Tax and it is warning that I have to take one (another?) before April 1, 2023.
TT is wrong, correct? Thanks
March 14, 2023
9:10 PM