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Submitted By: someone
Answered: May 3, 2021 11:04 pm
Answered: May 3, 2021 11:04 pm
I didn’t take a required minimum distribution in 2020? Do I have to file anything for this?
Required minimum distributions were waived for 2020. Anyone who did not take a distribution is fine; no special filing is required.
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Tax Glossary
Investment in the contract
The total cost investment in an annuity. When annuity payments are made, the portion allocable to the cost investment is tax free.
