You'll need to sign in or create an account to connect with an expert.
No one here would know if you need to withdraw from an IRA account.
Why do you ask?
In case you are wondering, and are of an age where you are normally expected to take an RMD from an IRA ...., while RMDs were suspended for 2020 taxes, Congress has not suspended taking an RMD for 2021 taxes.
Required Minimum Distributions (RMD) were not required for 2020, because of the Covid law. Congress has not extended (and is not expected to extend it) that provision to 2021. So, RMDs are required for 2021, for those who fall under the standard RMD rules.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
mrslady313-
New Member
Ofelia m
New Member
brian94709
Returning Member
smokentoke1904
New Member
Lanceak
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.