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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, then there is nothing to report about your RMD on your tax return. There is no penalty.
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, then there is nothing to report about your RMD on your tax return. There is no penalty.
...And if you have an unused 1099-R form for that issuer, you delete the 1099-R involved in the retirement income section.
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