Submitted By: someone
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

Salvage value

The estimated value of an asset at the end of its useful life. Salvage value is ignored by ACRS and MACRS rules.

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