topic When to file form 5329 for missed 2016 RMD? in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/when-to-file-form-5329-for-missed-2016-rmd/01/709442#M67863 <P>Should I file 2017 tax return with two RMDs (2016 and 2017) and form 5329 or should I file an amendment to 2016 tax return and form 5329?<BR /></P> Thu, 06 Jun 2019 14:05:12 GMT gmo82 2019-06-06T14:05:12Z When to file form 5329 for missed 2016 RMD? https://ttlc.intuit.com/community/retirement/discussion/when-to-file-form-5329-for-missed-2016-rmd/01/709442#M67863 <P>Should I file 2017 tax return with two RMDs (2016 and 2017) and form 5329 or should I file an amendment to 2016 tax return and form 5329?<BR /></P> Thu, 06 Jun 2019 14:05:12 GMT https://ttlc.intuit.com/community/retirement/discussion/when-to-file-form-5329-for-missed-2016-rmd/01/709442#M67863 gmo82 2019-06-06T14:05:12Z Take your missed 2016 RMD, then, as soon a practical afte... https://ttlc.intuit.com/community/retirement/discussion/take-your-missed-2016-rmd-then-as-soon-a-practical-afte/01/709449#M67864 <P>Take your missed 2016 RMD, then, as soon a practical after receiving the late 2016 RMD,&nbsp;separately file 2016 Form 5329 to request a waiver of the 50% excess accumulation penalty, providing a reasonable cause for taking the RMD late.</P><P>2016 Form 5329:&nbsp; <A href="https://www.irs.gov/pub/irs-prior/f5329--2016.pdf" rel="nofollow" target="_blank">https://www.irs.gov/pub/irs-prior/f5329--2016.pdf</A></P><P>Instructions for requesting the waiver:&nbsp; <A href="https://www.irs.gov/instructions/i5329#idm140169670951920" rel="nofollow" target="_blank">https://www.irs.gov/instructions/i5329#idm140169670951920</A></P><P>Both of the RMD distributions that you receive in 2017 will be taxable on your 2017 tax return as normal distributions.&nbsp; You'll likely receive only one 2017 Form 1099-R reporting the combined total of any distributions that you took from this account in&nbsp;2017.&nbsp; Your 2017 tax return will not include any Form 5329 unless there is some unrelated reason that you have to file a 2017 Form 5329.<BR /></P> Thu, 06 Jun 2019 14:05:13 GMT https://ttlc.intuit.com/community/retirement/discussion/take-your-missed-2016-rmd-then-as-soon-a-practical-afte/01/709449#M67864 dmertz 2019-06-06T14:05:13Z
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topic When to file form 5329 for missed 2016 RMD? in Retirement tax questions
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<P>Should I file 2017 tax return with two RMDs (2016 and 2017) and form 5329 or should I file an amendment to 2016 tax return and form 5329?<BR /></P>
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https://ttlc.intuit.com/community/retirement/discussion/when-to-file-form-5329-for-missed-2016-rmd/01/709442#M67863
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<P>Should I file 2017 tax return with two RMDs (2016 and 2017) and form 5329 or should I file an amendment to 2016 tax return and form 5329?<BR /></P>
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Take your missed 2016 RMD, then, as soon a practical afte...
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https://ttlc.intuit.com/community/retirement/discussion/take-your-missed-2016-rmd-then-as-soon-a-practical-afte/01/709449#M67864
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<P>Take your missed 2016 RMD, then, as soon a practical after receiving the late 2016 RMD,&nbsp;separately file 2016 Form 5329 to request a waiver of the 50% excess accumulation penalty, providing a reasonable cause for taking the RMD late.</P><P>2016 Form 5329:&nbsp; <A href="https://www.irs.gov/pub/irs-prior/f5329--2016.pdf" rel="nofollow" target="_blank">https://www.irs.gov/pub/irs-prior/f5329--2016.pdf</A></P><P>Instructions for requesting the waiver:&nbsp; <A href="https://www.irs.gov/instructions/i5329#idm140169670951920" rel="nofollow" target="_blank">https://www.irs.gov/instructions/i5329#idm140169670951920</A></P><P>Both of the RMD distributions that you receive in 2017 will be taxable on your 2017 tax return as normal distributions.&nbsp; You'll likely receive only one 2017 Form 1099-R reporting the combined total of any distributions that you took from this account in&nbsp;2017.&nbsp; Your 2017 tax return will not include any Form 5329 unless there is some unrelated reason that you have to file a 2017 Form 5329.<BR /></P>
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