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Subject:  Re: Mistakenly late RMD Date:  1/3/2013  12:11 PM
Author:  TMFPMarti Number:  117272 of 123001

Is the 50% penalty a hard and fast, never broken outcome?

No. Here's the official way for her to proceed.

She completes Form 5329, Part VIII and attaches it to her 2012 return. The 50% penalty