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posted Mar 4, 2020 11:21:41 AM

I TURNED 70 IN MARCH 2019 SO I DID MY FIRST RMD THIS JANUARY I TURNED 70.5 IN SEPTEMBER WHAT DO I DO ABOUT THIS?

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Level 15
Mar 4, 2020 11:31:50 AM

Nothing on your 2019 tax return.  The distribution is reportable on your 2020 tax return.

 

If TurboTax asks if you received all of your RMD in 2019, answer Yes.