Discussion:RMD waived for 2009

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Revision as of 01:05, 2 October 2009
KathiJud (Talk | contribs)
(My RIA research)
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PBinNJ (Talk | contribs)
(Kathi - Thanks f)
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Now your client only has to take one RMD by 12-31-2010 based on asset values as of 12-31-2009.}} Now your client only has to take one RMD by 12-31-2010 based on asset values as of 12-31-2009.}}
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 +{{ForumReplyPost|UserID=PBinNJ|Date=2 October 2009|Text=Kathi - Thanks for the confirm. Working alone I find this forum invaluable. Paul}}

Revision as of 09:50, 2 October 2009

Discussion Forum Index --> Advanced Tax Questions --> RMD waived for 2009
Discussion Forum Index --> Tax Questions --> RMD waived for 2009

PBinNJ (talk|edits) said:

1 October 2009
I've done the research and I'm pretty sure I know the answer but I'd sure like some reassurance. Client reaches 70 1/2 in 2009. Since the RMD has been waived for 2009, I believe she doesn't have to take it until 2010 and only has to take one RMD in 2010. Thanks.

KathiJud (talk|edits) said:

2 October 2009
My RIA research agrees. The RMD for 2009 is waived and could have been taken as late as 4-1-2010 under the prior rule.

Now your client only has to take one RMD by 12-31-2010 based on asset values as of 12-31-2009.

PBinNJ (talk|edits) said:

2 October 2009
Kathi - Thanks for the confirm. Working alone I find this forum invaluable. Paul
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