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    #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?
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    #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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      #3
      Originally posted by oceanlovin'ea View Post
      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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      This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

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