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Returning Member
posted Feb 12, 2025 10:57:16 AM

My wife failed to take the required RMD for 2024 from Schwab for her IRA. NO form 1099 was generated. Will use of form 5329 satisfy the requirement ?

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1 Replies
Expert Alumni
Feb 12, 2025 11:25:34 AM

Yes, you file Form 5329 if you didn’t receive the minimum required distribution from your qualified retirement plan.  You would have received a 1099-R if you had any distributions.