Here is what should be a fairly straight forward question, but
the answer to which is not so obvious. And maybe that is why my
tax accountant refuses to warrant any answer he provides.
I turned 70 1/2 in March 2015. According to IRS Pub 590-B, my
RMD factor for 2015 was 26.50. I understand that, and made the
The question is whether the RMD factor for 2016 is 25.60 (as is
shown in Table 3) for age 71 1/2 or 25.50, which might be implied
by other text in IRS 590-B that suggests the initial factor minus
The minus 1.0 factor is clear for an inherited IRA that I have,
but is not so obvious for a base IRA.
- posted 4 years ago