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ProbablyMike
Level 3
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  • Me again. Just a follow up. I just received three letters from the IRS today that state that they accepted my explanation and will waive the 50% excise tax. The...
    ProbablyMike
    Updated Apr 07, 2025
  • Welp I took out the large distribution and mailed the forms. I will let you guys know what happens, I imagine it will be a while. Again, thanks for the help.
    ProbablyMike
    2
    Updated Apr 07, 2025
  • dmertz you're good. I added up all the calculated end of year RMD and it is 72k. 72,828.76 to be exact. The year end value fluctuated quite a bit, in 2021 it wa...
    ProbablyMike
    4
    Updated Apr 07, 2025
  • A question about life expectancy table, is there there a month in the year that I would take my age at? Or is it my age on January 1st? Or maybe my age when I r...
    ProbablyMike
    1
    Updated Apr 07, 2025
  • It seems like an issue with calculating the historic RMD is, since no distribution was taken, the value of the IRA never decreased for the next RMD and the next...
    ProbablyMike
    3
    Updated Apr 07, 2025
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