Message Font: Serif | Sans-Serif
No. of Recommendations: 0
but seems to NOT calculate /or even ask about RMD.

Correct, because the RMD is irrelevant to completing your tax return. The IRS knows whether you've complied because it gets the 12/31/xx balance from the custodian via Form 5498. It knows your age from your SSN and it can calculate the RMD and compare that amount to the entries you made on lines 15/16 of Form 1040.


or d'oh -- RMD doesn't show up in 1040 ..only any distribution. (as you say)

rare case where IRS says you must ACT in some way (rather than pay)
Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.