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Ira rmd not required for 2020

took a portion of ira rmd for 2020
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MinhT1
Expert Alumni

Ira rmd not required for 2020

The RMDs have been waived for tax year 2020.

 

Please read this IRS document for more information.

 

In TurboTax, if you withdrew in 2020 a portion your RMD, you can choose either Only part of this distribution was a RMD or None of this withdrawal was a RMD. There is no penalty.

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