2020 RMD Put Back question about taxes
With regard to your reply to “2020 RMD put back”. Was it proper to return the entire amount withdrawn or should they have only returned the amount not withheld?
Terry Says
Great question. Let me check with the IRS. I thought about that as I wrote the answer. So far, they have only published one regulation, back in the summer, about the return of RMDs. That did not specify what to do with withheld amounts. Here is a link to that regulation.