Mascafe
Level 2
06-09-2020
09:16 PM
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I may be stupid, or I'm just tired of reading. I realize the RMD requirement is waived for 2020 but, can a taxpayer elect to take less than the RMD, or does one need to not take any distributions to avoid a penalty? I have clients who do not need to take the full amount of the distribution, but will need to have some income from their IRAs.
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