2019 RMD to IRS to pay 2018 taxes?
Wife’s entire 2019 RMD was sent directly from custodian to IRS in early January, 2019. Is there a means for assigning the payment to our 2018 tax bill?
Thanks,
Michael
Wife’s entire 2019 RMD was sent directly from custodian to IRS in early January, 2019. Is there a means for assigning the payment to our 2018 tax bill?
Thanks,
Michael
Permalink Submitted by David Mertz on Wed, 2019-02-20 18:32
No. Taxes withheld on a 2019 distribution are credited on the 2019 tax return. Box 4 of the 2019 Form 1099-R will show the same amount as is in box 1.