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WAIVER OF REQUIRED DISTRIBUTION RULES - UPDATE

  • cpaboca1040
  • Aug 1, 2020
  • 1 min read

The Internal Revenue Service recently ruled any RMD taken since January 1, 2020 can now be rolled back into your retirement account without any tax consequences. It must be done no later than August 31, 2020, to avoid paying taxes on that distribution.

 
 
 

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