itonewbie
Level 15
05-08-2020
09:27 PM
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And if you like reading legal texts, RMD is in Sec. 2203(a) of the CARES Act and can be found here: https://www.congress.gov/bill/116th-congress/house-bill/748/text#toc-HC81FF6302B124DC38413B183AC01B2...
It can also be found in IRC §401(a)(9)(I): https://www.law.cornell.edu/uscode/text/26/401
RMD for 2019 is not waived. However, taxpayers whose first RMD was deferred from 2019 to April 1, 2020 will be eligible for the waiver pursuant to §401(a)(9)(I)(ii).
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