Rmd 2013

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  • taxmom34
    Senior Member
    • Nov 2008
    • 732
    #1

    Rmd 2013

    relative was 70 in september 2012 so, she will be taking RMD this year . if that rmd is lower than filing requirements is she still required to file a tax return just to show that she took distribution?
    Tags: None
    • oceanlovin'ea
      Senior Member
      • Jun 2005
      • 2682
      #2
      I would say no, unless they withheld some FIT from it. But tp should instruct them not to. IRS records will get a copy of the 1099R and if that is only income they will not expect a return to be filed.

      Linda, EA

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        • ChEAr$
          Senior Member
          • Dec 2005
          • 3872
          #3
          Originally posted by oceanlovin'ea
          I would say no, unless they withheld some FIT from it. But tp should instruct them not to. IRS records will get a copy of the 1099R and if that is only income they will not expect a return to be filed.

          Linda, EA
          However remember to include half (probably) of social security benefits in the calculation to make sure of no filing requirement.
          ChEAr$,
          Harlan Lunsford, EA n LA

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