calcualtor formula for beneficiary RMD /spouse or non spous
we get a a lot of calls regarding this topic. I want to refer them to a website for that cacluation. what do you recommend?
we get a a lot of calls regarding this topic. I want to refer them to a website for that cacluation. what do you recommend?
Permalink Submitted by mk foss on Fri, 2008-09-12 02:45
There isn’t a formula; the beneficiary needs to look at IRS tables. Pub 590 gives good explanations and a copy of the tables.
There are software products that do the calculations also but the person using them needs a good background like Pub 590.