The RMD is only a few hundred dollars, so the tax and penalty are low. How do i file it?
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if you missed an RMD, there is no income and no income tax.
File 2019 Form 5329 showing the missed amount and the penalty but request a waiver of penalty.
IRS always grants the waiver when you say you are taking action to resolve the issue.
Thanks Fanfare, I was able to download Form 5329 from within TT Premiers, fill it out, and will include it in my return. I particularly appreciate your recommendation as regards making a request for waiver of the penalty, which I did.
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