https://ttlc.intuit.com/community/retirement/discussion/i-missed-the-cutoff-date-for-requesting-my-rmd-for-2021-i-took-it-on1-4-2022-what-do-i-need-to-do/01/2475522#M164235 Mon, 09 Mar 2026 06:10:48 GMT paular1 2026-03-09T06:10:48Z https://ttlc.intuit.com/community/retirement/discussion/i-missed-the-cutoff-date-for-requesting-my-rmd-for-2021-i-took-it-on1-4-2022-what-do-i-need-to-do/01/2475522#M164235 Mon, 09 Mar 2026 06:10:48 GMT https://ttlc.intuit.com/community/retirement/discussion/i-missed-the-cutoff-date-for-requesting-my-rmd-for-2021-i-took-it-on1-4-2022-what-do-i-need-to-do/01/2475522#M164235 paular1 2026-03-09T06:10:48Z https://ttlc.intuit.com/community/retirement/discussion/re-i-missed-the-cutoff-date-for-requesting-my-rmd-for-2021-i-took-it-on1-4-2022-what-do-i-need/01/2475648#M164249 <P>How you handle this depends on whether or not it is your first year.</P> <P>&nbsp;</P> <P>If you turned 72 in 2021&nbsp;then you have&nbsp;until Apr. 1, 2022&nbsp;to take the first RMD so it would not be late.</P> <P>&nbsp;</P> <P>If this is not the case, you will need to file a 5329 form and request a waiver of the penalty. (The waiver would only be denied if there is no reasonable explanation and the missed RMD was not taken at all.)<BR /> <BR /> Unfortunately this can only be done using the "forms" mode that is only available with the desktop software if you <STRONG>do not</STRONG> have a 1099-R to file.</P> <P>&nbsp;</P> <P>If you do have a 2021&nbsp;1099-R to report then the RMD question in the interview will go to the form 5329 waiver interview if you say that the 2021&nbsp;RMD was not taken.</P> Sun, 13 Feb 2022 20:25:19 GMT https://ttlc.intuit.com/community/retirement/discussion/re-i-missed-the-cutoff-date-for-requesting-my-rmd-for-2021-i-took-it-on1-4-2022-what-do-i-need/01/2475648#M164249 ColeenD3 2022-02-13T20:25:19Z https://ttlc.intuit.com/community/retirement/discussion/re-i-missed-the-cutoff-date-for-requesting-my-rmd-for-2021-i-took-it-on1-4-2022-what-do-i-need/01/2477428#M164334 <P>If the entry is made in forms mode because you do not have other Forms 1099-R to be able to make the entry in step-by-step mode, revisiting the 1099-R section in step-by-step mode can cause the forms-mode entry to be erased, so one must be careful using forms mode.</P><P>&nbsp;</P><P>The distribution made in 2022 will be taxable on your 2022 tax return.</P> Mon, 14 Feb 2022 14:20:29 GMT https://ttlc.intuit.com/community/retirement/discussion/re-i-missed-the-cutoff-date-for-requesting-my-rmd-for-2021-i-took-it-on1-4-2022-what-do-i-need/01/2477428#M164334 dmertz 2022-02-14T14:20:29Z https://ttlc.intuit.com/community/retirement/discussion/re-i-missed-the-cutoff-date-for-requesting-my-rmd-for-2021-i-took-it-on1-4-2022-what-do-i-need/01/2672985#M176593 <P>When I fill in 5329 with the amount that should have been withdrawn from my IRA, the 2021 Income statement shows a 0 taxable amount on the IRA retirement line.&nbsp; Should it show the amount to be taxed?</P> Sun, 10 Apr 2022 21:13:27 GMT https://ttlc.intuit.com/community/retirement/discussion/re-i-missed-the-cutoff-date-for-requesting-my-rmd-for-2021-i-took-it-on1-4-2022-what-do-i-need/01/2672985#M176593 rumpie 2022-04-10T21:13:27Z https://ttlc.intuit.com/community/retirement/discussion/re-i-missed-the-cutoff-date-for-requesting-my-rmd-for-2021-i-took-it-on1-4-2022-what-do-i-need/01/2674141#M176668 <P>A distribution that you did not receive in 2021 is not taxable in 2021.&nbsp; The late-taken RMD is taxable on your 2022 tax return.</P> Mon, 11 Apr 2022 01:52:45 GMT https://ttlc.intuit.com/community/retirement/discussion/re-i-missed-the-cutoff-date-for-requesting-my-rmd-for-2021-i-took-it-on1-4-2022-what-do-i-need/01/2674141#M176668 dmertz 2022-04-11T01:52:45Z