RMD Calculation
Client took money from IRA over year end that was redeposited in IRA within 60 days. I included that amount in computing RMD. Correct?
Client took money from IRA over year end that was redeposited in IRA within 60 days. I included that amount in computing RMD. Correct?
Permalink Submitted by Jose Morales on Wed, 2015-05-13 16:11
Yes, you add the amount of the outstanding rollover to the year end balance to calculate the RMD.