in [Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill
1935196
Why does TT say I needed to take a RMD, when CARES suspended RMD for this year?
Do I just check "was not required to take an RMD for 2020"?
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Yes, you can check 'was not required to take an RMD for 2020". CARES waived the requirement on a one-time basis for 2020 RMD.
Yes, you can check 'was not required to take an RMD for 2020". CARES waived the requirement on a one-time basis for 2020 RMD.
My checks did not change so should I mark no
My checks did not change so what should I mark
You can indicate that no RMD was required, even though you took RMD as it was part of your regular/normal distributions.
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Liangtwn
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in [Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill
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