josie
Level 1
06-20-2020
02:36 PM
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The taxpayer turned 70 1/2 in April 2019 and took the required 2019 RMD from her IRAs in
August 2019, to avoid two years tax in 2020. Under the Cares act rules she is no longer required to take this distribution.
Should she include this distribution as taxable on the 2019 return?
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abctax55
Level 15
06-20-2020
02:49 PM
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See your previous thread on the same issue.... there's no need to start another one:
HumanKind... Be Both
Level 15
06-20-2020
02:52 PM
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Its the 2020 RMD thats no longer required per the CARES Act....so youve got the one 2019 distribution in 2019 and none required in 2020.
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