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

Carryforward

A tax technique of applying a loss or credit from a current year to a later year. For example, a business net operating loss may be carried forward 20 years instead of being carried back.

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