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New Member
posted Mar 15, 2021 3:07:35 PM

Do you have to enter any IRA information if you are over 76 but did not take a distribution this year?

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1 Replies
Expert Alumni
Mar 15, 2021 3:17:48 PM

The RMDs have been waived for tax year 2020.

 

Please read this IRS document for more information.

 

If you did not take a RMD in 2020, there is nothing to report about the RMD on your tax return. There is no penalty.