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New Member
posted Mar 13, 2021 1:30:10 PM

If I didn't take my RMD because of the break in 2020 and did not receive a 1099-R, do I report anything?

(Meaning the CARES Act)

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2 Replies
Level 15
Mar 13, 2021 1:31:16 PM

If you did not make a withdrawal or receive a Form 1099-R then there is nothing you need to report on your tax return.

New Member
Mar 13, 2021 1:36:52 PM

So there will be no penalty for not taking a RMD, correct?

Thanks so much.