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TURNED 70 1/2 IN DEC 2017. DID NOT TAKE RMD YET ALREADY FILED 2017 RETURN. HELP
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TURNED 70 1/2 IN DEC 2017. DID NOT TAKE RMD YET ALREADY FILED 2017 RETURN. HELP
Since you turned 70 1/2 at the end of 2017, per the IRS:
- IRAs (including SEP and SIMPLE IRAs)
- April 1 of the year following the calendar year in which you reach age 70½.
- April 1 of the year following the calendar year in which you reach age 70½.
- 401(k), profit-sharing, 403(b), or other defined contribution plan
Generally, April 1 following the later of the calendar year in which you: - reach age 70½, or
- retire.
Which means you are okay for 2017 tax return. See this link for more about RMD: https://goo.gl/eRmXTV
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TURNED 70 1/2 IN DEC 2017. DID NOT TAKE RMD YET ALREADY FILED 2017 RETURN. HELP
Since you turned 70 1/2 at the end of 2017, per the IRS:
- IRAs (including SEP and SIMPLE IRAs)
- April 1 of the year following the calendar year in which you reach age 70½.
- April 1 of the year following the calendar year in which you reach age 70½.
- 401(k), profit-sharing, 403(b), or other defined contribution plan
Generally, April 1 following the later of the calendar year in which you: - reach age 70½, or
- retire.
Which means you are okay for 2017 tax return. See this link for more about RMD: https://goo.gl/eRmXTV