RMD

I withdrew more than my RMD during 2020. The tax form asks how much of my withdrawal was for the RMD. Can I just say that all of it was or do I have to have the exact amount?

posted

There was no RMD for 2020 - the CARES act eliminated it for 2020 so answer the RMD question that NONE of it was a RMD.

**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.**