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Roll back in RMDs?

Answered by: 

Our customer claims he or she does not need to take out the RMD for 2020, is this true?

It is correct. You were required to notify your customer that the RMD was not required and this would be satisfied by sending out 5498 in August without the RMD box checked.


Learn more about Deborah Crawford’s webinar

IRA Year End Wrap-Up

First published on 11/15/2020

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