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IRS Notice 2020-51 Changes Required Minimum Distributions for 2020

IRS Notice 2020-51 Changes Required Minimum Distributions for 2020

Jul 29, 2020 | COVID-19 Response, Firm Updates

If you took a 2020 distribution from a 401K, 403B or IRA account, you can return that money and reduce your 2020 tax burden. However, the deadline to return (rollover) distributions is August 31, 2020, so taxpayers need to act soon to be sure of meeting the deadline....

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