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I need some help on how I should prepare and submit RMD to
I need some help on how I should prepare and submit RMD to my annuity administrator covering the past two (2) and the current year. This is my first time filing this form and on the form it suggest th… read more
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Rick
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I am taking RMD's from my IRA. I have a few foreign equity
I am taking RMD's from my IRA. I have a few foreign equity holdings not subject to a tax treaty. May I take a deduction from my reportable income for the amount of the withheld income taxes? … read more
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Lev
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Turn 70 1/2 January 2019. So have until April 2020 to take
Second opinion] turn 70 1/2 January 2019. So have until April 2020 to take my first RMD. The questions is whether I have to take two distributions in 2020. So confused. … read more
Stephen G.
Stephen G.
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Bachelor's Degree
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Turn 70 1/2 January 2019. So have until April 2020 to take
turn 70 1/2 January 2019. So have until April 2020 to take my first RMD. The questions is whether I have to take two distributions in 2020. So confused. … read more
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Robin D.
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I turned 70 in February 2019. What is the deadline for
I turned 70 in February 2019. What is the deadline for paying tax on tax deferred investments? Also, do I pay a percentage on each tnvestment or do I pay the percentage on total amount of tax deferred… read more
Lane
Lane
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Doctoral Degree
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Is there a time limit a trustee has to distribute 401k or
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I have a question regarding small IRA that I inherited when
I have a question regarding small IRA that I inherited when my mother died on 12/30/11. She had a traditional IRA with a balance of approximately $70K when she died but I don't believe she had named a… read more
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I turned seventy on May 21, 2018. I am in the process of
I turned seventy on May 21, 2018. I am in the process of trying to take my 401ks and 403bs from where they have been for 30 years and roll them into a format with an investment firm that will allow me… read more
Lane
Lane
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I turned 70 years old on May 31st and I have an IRA. I want
Hi, I turned 70 years old on May 31st and I have an IRA. I want to know if it is better to wait until November to withdraw my minimum required amount? I have received 3 different answers from JP Morga… read more
Alexander Efros
Alexander Efros
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How do I calculate how much I need to take from my IRA's
How do I calculate how much I need to take from my IRA's when I turn 70 1/2 this year? … read more
Mark D
Mark D
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I will be in april. I will be 70 in april 2019 I will be 71
I will be 69 in april. I will be 70 in april 2019 I will be 71 in april 2020. I have ira account and about four 401 K accounts . Who determins what I am required to take out of either just IRA or IRA … read more
Lev
Lev
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A 90 year old taxpayer passes away on 6/20/16. Prior to her
A 90 year old taxpayer passes away on 6/20/16. Prior to her passing, she took 1/2 of her required 2016 RMD of 114,000 from her IRA. After her passing, her 3 beneficiaries (ages 50 - 58) each took thei… read more
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DanielleCPA
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When must a 74 year old begin taking distributions from an
When must a 74 year old begin taking distributions from an IRA established in January, 2011?… read more
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I am a university professor older than 70.5 still working and
I am a university professor older than 70.5 still working and still contributing to my TSA and ORP retirement plans. I also have seperate IRAs. This is the first year for me to take required minimum d… read more
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My mother passed away and left behind a 401k and IRA ...
My mother passed away and left behind a 401k and IRA accounts. There are 3 bene''s, all equal shares, and we are not sure on our options - have been told that we need to open an "inherited" IRA and be… read more
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I have a 401(k) plan with before tax and after tax ...
I have a 401(k) plan with before tax and after tax accounts. Total is say $200,000 and Cost basis (my after tax contributions without earnings) is $40,000. I am 62. I only want to take Required Minimu… read more
Bill
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401k formula at 70 1/2 with a 15 - 20 year lifespan
WHAT IS THE FORMULA FOR TAKING MONEY FROM YOUR 401K AT 70 1/2 USING AN EXPECTED LIFE SPAN OF 15-020 MORE YEARS… read more
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