2004867
turbotax icon
turbotax icon
cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Yes No
debbieal
New Member

Were we require to take an rmd in 2020

was the rmd requirement waved for 2020
posted
‎February 28, 2021 12:36 PM
last updated ‎February 28, 2021 12:36 PM
0
2
191
Reply
Bookmark Icon
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
DoninGA
Level 15
Level 15

Were we require to take an rmd in 2020

The RMD requirement was waived for tax year 2020.

‎February 28, 2021 12:39 PM
0
180
Reply
Bookmark Icon
macuser_22
Level 15
Level 15

Were we require to take an rmd in 2020

RMD's for IRA's and defined contribution plans like employer retirement plans like 401(k)'s were waived for 2020.

 

Defined benefit  plans, equal periodic payment plans (most pensions) were not waived.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎February 28, 2021 12:41 PM
0
179
Reply
Bookmark Icon

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post

Featured forums
Taxes
Lower Debt
Investing
Self-Employed
All topics

Unlock tailored help options in your account.

Live Assisted: Get answers to all your tax questions! Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Live Assisted. Explore your options!
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question

Related Content

diitto
MrsMacAdoo
dihowe8868
hijyoon
DolceDolce

Did the information on this page answer your question?

thumb-up Yes
thumb-down No
close icon
checkmark

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

and start working
on your taxes

File your taxes, your way

Get expert help
or do it yourself.

Get started
close icon
icon help

Access additional help, including our tax experts

Post your question

to receive guidance
from our tax experts and community.

Connect with an expert

Real experts - to help
or even do your taxes for you.

Get started