topic I'm over 72 and retired. I understand for 2020 I do not have to complete my RMD for this year. True? in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/i-m-over-72-and-retired-i-understand-for-2020-i-do-not-have-to-complete-my-rmd-for-this-year-true/01/1388068#M99052 No tax penalty in 2020 Tue, 31 Mar 2020 20:08:09 GMT fwvonrein57 2020-03-31T20:08:09Z I'm over 72 and retired. I understand for 2020 I do not have to complete my RMD for this year. True? https://ttlc.intuit.com/community/retirement/discussion/i-m-over-72-and-retired-i-understand-for-2020-i-do-not-have-to-complete-my-rmd-for-this-year-true/01/1388068#M99052 No tax penalty in 2020 Tue, 31 Mar 2020 20:08:09 GMT https://ttlc.intuit.com/community/retirement/discussion/i-m-over-72-and-retired-i-understand-for-2020-i-do-not-have-to-complete-my-rmd-for-this-year-true/01/1388068#M99052 fwvonrein57 2020-03-31T20:08:09Z Re: I'm over 72 and retired. I understand for 2020 I do not have to complete my RMD for this year... https://ttlc.intuit.com/community/retirement/discussion/re-i-m-over-72-and-retired-i-understand-for-2020-i-do-not-have-to-complete-my-rmd-for-this-year/01/1388168#M99060 <P>According to the CARES Act (COVID-19 relief) RMDs required to be made or that begin in 2020 are waived. Calendar year 2020 is disregarded for distributions that are being made under the 5-year rule. Learn more about the the <A href="https://turbotax.intuit.com/coronavirus/" target="_blank">CARES</A> Act here.&nbsp;</P> Tue, 31 Mar 2020 20:25:44 GMT https://ttlc.intuit.com/community/retirement/discussion/re-i-m-over-72-and-retired-i-understand-for-2020-i-do-not-have-to-complete-my-rmd-for-this-year/01/1388168#M99060 GiseleD 2020-03-31T20:25:44Z Re: I'm over 72 and retired. I understand for 2020 I do not have to complete my RMD for this year. True? https://ttlc.intuit.com/community/retirement/discussion/re-i-m-over-72-and-retired-i-understand-for-2020-i-do-not-have-to-complete-my-rmd-for-this-year-true/01/1388175#M99061 <P>Correct.&nbsp; The CARES act eliminated the 2020 RMD requirement.</P> Tue, 31 Mar 2020 20:26:42 GMT https://ttlc.intuit.com/community/retirement/discussion/re-i-m-over-72-and-retired-i-understand-for-2020-i-do-not-have-to-complete-my-rmd-for-this-year-true/01/1388175#M99061 macuser_22 2020-03-31T20:26:42Z Re: I'm over 72 and retired. I understand for 2020 I do not have to complete my RMD for this year... https://ttlc.intuit.com/community/retirement/discussion/re-i-m-over-72-and-retired-i-understand-for-2020-i-do-not-have-to-complete-my-rmd-for-this-year/01/1388225#M99067 <P>Thank You. With market so far down, I would prefer not to have to withdraw, unless absolutely necessary.&nbsp;</P> Tue, 31 Mar 2020 20:35:07 GMT https://ttlc.intuit.com/community/retirement/discussion/re-i-m-over-72-and-retired-i-understand-for-2020-i-do-not-have-to-complete-my-rmd-for-this-year/01/1388225#M99067 fwvonrein57 2020-03-31T20:35:07Z