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New Member
posted Mar 4, 2021 8:45:33 AM

Does it matter: took a partial 2020 RMD dist. Now get warning message:Form 5329-T Waiver of tax should not exceed the RMD shortfall. perhaps I entered something wrong?

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1 Replies
Level 15
Mar 4, 2021 8:54:36 AM

When asked, you should have answered that you were not required to take an RMD for 2020.

 

You can delete the Form 5329 by clicking Tax Tools -> Tools -> Delete a form, then clicking the Delete link for this form.