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[OT]: Calculating RMD

How does one calculate the Required Minimun Disbursement from a 401(k) rollover or IRA? Thanks.
16 comments posted 5yrs
posted by nospam
16 comments posted 5yrs posted by nospam

Hasn't reported rental income for three years

John Smith (not me) earns a living with two part-time jobs. He also has been receiving rental income of $500 per month...
10 comments posted 5yrs
posted by pcogan
10 comments posted 5yrs posted by pcogan

HSA record-keeping

I received a 5498-SA the other day, which reminded me that I still have an HSA sitting around. I've never actually used...
2 comments posted 5yrs
posted by michael.stemper
2 comments posted 5yrs posted by michael.stemper

Are either of these kosher?

(A) Daughter bought a condo in 2011 and lives in it until September, 2018. She rents it out. It currently is worth abou...
3 comments posted 5yrs
posted by nadcixelsyd
3 comments posted 5yrs posted by nadcixelsyd

My ret. no longer processing but get this

OK, I've been venting here. filed/received on 2/22 and processing ever since. I checked Friday and it was still process...
5 comments posted 5yrs
posted by moo
5 comments posted 5yrs posted by moo

$1400 Stimulus Check

Taxpayer received his $1200 and $600 Stimulus checks with no problem. However, he has not received the $1400 check as o...
3 comments posted 5yrs
posted by geoanthony0125
3 comments posted 5yrs posted by geoanthony0125

refund still processing

IRS accepted return first week of April. Still no refund, refund link still keeps saying "processing". Impossible calli...
5 comments posted 5yrs
posted by bh2os62
5 comments posted 5yrs posted by bh2os62

Roth Cancelled - Tax question

I invested 1600 in 2020 in a Roth IRA. In 2021 added some more amount. But while filing taxes yesterday I found the AGI...
0 comments posted 5yrs
posted by nitrtest2021a
0 comments posted 5yrs posted by nitrtest2021a

file an amended return or just let it be

A friend of mine filed his taxes. He does est. tax payments. He was expecting large refunds. He files paper, not E-file...
1 comments posted 5yrs
posted by moo
1 comments posted 5yrs posted by moo

stock appreciation--avoid gains this way?

Suppose I own 500 sh of XYZ with a large (long term) cap. gain, say $100K. XYZ is going down along with the market. I a...
5 comments posted 5yrs
posted by moo
5 comments posted 5yrs posted by moo

Foreign Tax Credit

As a newbie to the Form 1116 jungle, I have the following question. A person's tax is zero, but there are enough foreig...
1 comments posted 5yrs
posted by larry.israel100
1 comments posted 5yrs posted by larry.israel100

Incarcerated ira contributions

My husband had a roth IRA before being sentenced to prison. He does not have any income. Am I allowed to contribute to h...
0 comments posted 5yrs
posted by Aan
0 comments posted 5yrs posted by Aan

line 18 Credits on form 2210AI

On form 2210AI, line 18, child tax credit of $4000, do I put the same $4000 in each column, Column A , B, C, D. They hav...
0 comments posted 5yrs
posted by C Terrance
0 comments posted 5yrs posted by C Terrance

Stimulus Payment

OP received a stimulus payment in 2019. They made enough more money in 2020 that they wouldn't qualify if there is anot...
3 comments posted 5yrs
posted by spamtrap
3 comments posted 5yrs posted by spamtrap