It’s tax time! And this is the number one question I’ve been getting from people who redeposited their RMD from 2020.
The CAREs Act suspended 2020 RMDs and people were allowed to put the money back in. Yet, people are getting 1099-Rs that’s saying they owe taxes!
Is this true? And how do we handle this?
Links referenced:
More reading:
On Market Bubbles – Their Game is Up, Yours Is Still Being Played
Should I Delay Taking Social Security Even If It Means Withdrawing From My IRA?
