Search found 64 matches

by patrickscott
Fri Nov 15, 2019 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: How to Correct RMD to ROTH Rollover
Replies: 23
Views: 1433

Re: How to Correct RMD to ROTH Rollover

Just a brief update: Today, Nov 11, 2019, I received a notice from the IRS that my 2018 Amended Return and payment were accepted. :D " As a result you don't owe us any money, nor are you due a refund. " Thanks again, Alan. Your help is greatly appreciated. :beer Have a wonderful Holiday Season.
by patrickscott
Sun Nov 10, 2019 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21049

Re: H&R BLOCK Pre-Order 2019 Software Offer

I presume that since the address is preceded by https this a legitimate offer. Be careful. HTTPS only means that the website is running SSL encryption. It in no way guarantees that its the genuine HRBlock website as its a trivially easy thing for a hacker to setup a fake site with SSL. In this case...
by patrickscott
Fri Nov 01, 2019 9:35 am
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21049

Re: H&R BLOCK Pre-Order 2019 Software Offer

Once I ordered the 2019 tax software, for $21.60, --including sales tax-- I received this confirmation: " We'll release the product on 11/09/2019. Your activation code is: XXXX-XXXX. Use it to activate your software and redeem five free federal e-files . Once H&R Block 2019 Deluxe Federal is release...
by patrickscott
Wed Oct 30, 2019 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21049

Re: HRBLOCK Pre-Order 2019 Software Offer

Your link is for the product that does not include a state return. For those of us who need a state return, purchasing it separately can get expensive. I will be waiting. Last year Block 2018 Deluxe *including* state bundled with Federal was available for under $20 on a Black Friday Amazon deal. Th...
by patrickscott
Wed Oct 30, 2019 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: H&R BLOCK Pre-Order 2019 Software Offer
Replies: 287
Views: 21049

H&R BLOCK Pre-Order 2019 Software Offer

[Link to last year's thread is here: H&R Block 2018 Tax Software Deluxe $18.00 - Black Friday sale --admin LadyGeek] Greetings, I just received an HRBlock pre-order 2019 offer. H&R Block 2019 Deluxe Federal for $19.95 Download Did anybody else receive it? https://store.hrblock.com/checkout/2019/WDD...
by patrickscott
Sat Oct 19, 2019 10:40 am
Forum: Personal Finance (Not Investing)
Topic: I Bonds - How Your Spouse can Quickly Cash in I Bonds
Replies: 53
Views: 4455

Re: I Bonds - How Your Spouse can Quickly Cash in I Bonds

Possible Cashing In Options at the time of Bond Holder's --my-- death 1) I called and asked Treasury Direct about my widow cashing in my/our I Bonds at the time of my death: I was told that since she had Assigned Rights, she could cash in some or all of the I Bonds as long as Treasury Direct is not ...
by patrickscott
Sat Oct 19, 2019 9:48 am
Forum: Personal Finance (Not Investing)
Topic: I Bonds - How Your Spouse can Quickly Cash in I Bonds
Replies: 53
Views: 4455

Re: I Bonds - How Your Spouse can Quickly Cash in I Bonds

This means that if you expect a spouse to be able to manage things, I think it is really necessary have her literally practice the procedure, all the way down to actually redeeming, say, $10 from the account. That is, you need to be in a different room but within shouting distance, and ask your spo...
by patrickscott
Thu Sep 26, 2019 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: How to Correct RMD to ROTH Rollover
Replies: 23
Views: 1433

Re: How to Correct RMD to ROTH Rollover

OP: I'm trying to resolve my own situation that's fairly similar to yours, so I have a question for you re: the 2018 amended tax return that you're preparing now. Did you get a corrected 2018 1099-R from VG already? If you didn't get a 1099-R associated with this transaction that you're doing, then...
by patrickscott
Thu Sep 26, 2019 5:35 am
Forum: Personal Finance (Not Investing)
Topic: How to Correct RMD to ROTH Rollover
Replies: 23
Views: 1433

Re: How to Correct RMD to ROTH Rollover

OP: I'm trying to resolve my own situation that's fairly similar to yours, so I have a question for you re: the 2018 amended tax return that you're preparing now. Did you get a corrected 2018 1099-R from VG already? If you didn't get a 1099-R associated with this transaction that you're doing, then...
by patrickscott
Wed Sep 25, 2019 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: How to Correct RMD to ROTH Rollover
Replies: 23
Views: 1433

Re: How to Correct RMD to ROTH Rollover

The amended return should only report the allowable conversion on Form 8606 (34,000) since the 11,000 was not eligible for conversion. But the 11,000 will still be taxable as an RMD distribution, as well as the earnings returned as shown on the 1099R coded P. An explanatory statement should be incl...
by patrickscott
Sat Sep 21, 2019 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: How to Correct RMD to ROTH Rollover
Replies: 23
Views: 1433

Re: How to Correct RMD to ROTH Rollover

There will not be penalties of any kind: 1) No RMD failure because your RMD was distributed from your TIRA in 2018. Even though you converted it, the RMD is still deemed distributed. 2) No 6% excise tax on excess Roth contributions because you removed the excess with earnings by 10/15. The code on ...
by patrickscott
Fri Sep 20, 2019 10:29 am
Forum: Personal Finance (Not Investing)
Topic: How to Correct RMD to ROTH Rollover
Replies: 23
Views: 1433

Re: How to Correct RMD to ROTH Rollover

Am I correct in thinking that to file my 2018 Amended Return, I will need, in addition to Form 8606, to report the amount of profit/loss on the RMD to ROTH amount related earnings through 12/31/2018... or am I making it too complicated? I presume that amount is to be reported as an ordinary dividen...
by patrickscott
Fri Sep 20, 2019 10:25 am
Forum: Personal Finance (Not Investing)
Topic: How to Correct RMD to ROTH Rollover
Replies: 23
Views: 1433

Re: How to Correct RMD to ROTH Rollover

retiredjg wrote:
Fri Sep 20, 2019 9:36 am
patrickscott wrote:
Wed Sep 18, 2019 11:58 am
(1) I do have another small TIRA account, with an RMD of about $2,400.
Do you have any "basis" in any tIRA? Basis would be money that has already been taxed - such as from a non-deductible contribution.
Thanks for your reply.

I have no basis. The funds were not taxed previously.
by patrickscott
Thu Sep 19, 2019 10:39 am
Forum: Personal Finance (Not Investing)
Topic: How to Correct RMD to ROTH Rollover
Replies: 23
Views: 1433

Re: How to Correct RMD to ROTH Rollover

Since the excess contribution (in the amount of the RMD for 2018) was made in 2018, the earnings distributed by Vanguard will be taxable in 2018. So if you have filed 2018, it will have to be amended to report the amount of earnings distributed. Greetings again, Alan and any and all readers, :happy...
by patrickscott
Wed Sep 18, 2019 11:58 am
Forum: Personal Finance (Not Investing)
Topic: How to Correct RMD to ROTH Rollover
Replies: 23
Views: 1433

Re: How to Correct RMD to ROTH Rollover

Sounds like the IRA corrective distribution is in process at Vanguard. Since the excess contribution (in the amount of the RMD for 2018) was made in 2018, the earnings distributed by Vanguard will be taxable in 2018. So if you have filed 2018, it will have to be amended to report the amount of earn...
by patrickscott
Wed Sep 18, 2019 10:50 am
Forum: Personal Finance (Not Investing)
Topic: How to Correct RMD to ROTH Rollover
Replies: 23
Views: 1433

Re: How to Correct RMD to ROTH Rollover

After reading Alan's comments in the ira.help thread, that makes a lot more sense than what I had originally thought. I'd be doing exactly what he said in the early part of that link (I didn't read the last parts) and hope to get the taxes done right. Good luck! And let us know how this turns out? ...
by patrickscott
Wed Sep 18, 2019 7:08 am
Forum: Personal Finance (Not Investing)
Topic: How to Correct RMD to ROTH Rollover
Replies: 23
Views: 1433

Re: How to Correct RMD to ROTH Rollover

I hope someone who actually knows the right answer will see this thread. :D Thanks! Like you said, I hope that someone who actually knows the right answer [somebody that has actually corrected a similar mistake,] answers this thread. I am still reading everything I can find... One suggestion I was ...
by patrickscott
Tue Sep 17, 2019 11:22 am
Forum: Personal Finance (Not Investing)
Topic: How to Correct RMD to ROTH Rollover
Replies: 23
Views: 1433

Re: How to Correct RMD to ROTH Rollover

Thanks for your replies.

At this time Vanguard is removing the RMD and earnings from Roth and putting the funds in my Money Market.

Tomorrow --in a rush right now to get out the door-- I will be able to give an update as to my next steps.

Thanks again.
by patrickscott
Tue Sep 17, 2019 8:33 am
Forum: Personal Finance (Not Investing)
Topic: How to Correct RMD to ROTH Rollover
Replies: 23
Views: 1433

How to Correct RMD to ROTH Rollover

Greetings, I just realized that for Tax Year 2018, I incorrectly rolled over my (full/total) RMD to Roth. How do I correct my error? Background facts: My RMD for 2018 was $11,000.00 On 11/5/2018 I converted / rolled over $45,000 from my IRA to my Roth. Vanguard posted the following message: " Congra...
by patrickscott
Sun Sep 15, 2019 5:56 am
Forum: Personal Finance (Not Investing)
Topic: Spouse/Widow Inheriting My IRA
Replies: 26
Views: 2464

Re: Spouse/Widow Inheriting My IRA

With respect to your effort to develop a simple RMD calculation for her after your death using a dollar amount, that will not work. If she inherits will still younger than 59.5, her RMDs will be calculated using her own age at the end of the year following the year of your death. She will use Table...
by patrickscott
Fri Sep 13, 2019 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Spouse/Widow Inheriting My IRA
Replies: 26
Views: 2464

Re: Spouse/Widow Inheriting My IRA

from random Google search- regarding titling of inherited IRA: Answer: The titling of an inherited IRA can vary from one IRA custodian to another. The deceased IRA owner's name must remain on the inherited IRA account title and the account title must indicate that it is an inherited IRA by using th...
by patrickscott
Fri Sep 13, 2019 9:05 am
Forum: Personal Finance (Not Investing)
Topic: Spouse/Widow Inheriting My IRA
Replies: 26
Views: 2464

Re: Spouse/Widow Inheriting My IRA

First of all, in the year that you pass, the RMD for that year remains what you calculated. If you did not complete that RMD before passing, your wife will have to distribute the balance of your RMD before the end of that year. Her own beneficiary RMDs do not begin until the following year if she d...
by patrickscott
Tue Sep 10, 2019 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse/Widow Inheriting My IRA
Replies: 26
Views: 2464

Re: Spouse/Widow Inheriting My Stretch IRA

Thanks. (I have been using the wrong terminology all along, :oops: :oops: :oops: thinking that if I could use the Joint Life and Last Survivor Expectancy Table, I was stretching :( the IRA payout.) It was convoluted, but you got your answer :-) It is amazing how wrapped around a person can get with...
by patrickscott
Tue Sep 10, 2019 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse/Widow Inheriting My IRA
Replies: 26
Views: 2464

Re: Spouse/Widow Inheriting My Stretch IRA

Thanks for the additional information. The IRA is NOT inherited by me, it is my IRA, titled in my name with my wife as a Beneficiary. I used the term Stretch IRA just to be certain that the ' Stretch ' has no effect on my spouse's options. It is now clear to me that a 'Stretch IRA' is no different ...
by patrickscott
Tue Sep 10, 2019 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Spouse/Widow Inheriting My IRA
Replies: 26
Views: 2464

Re: Spouse/Widow Inheriting My Stretch IRA

Hi Op, I would stop using the term “stretch IRA” since the following is the common definition of the term at Investopedia: https://www.investopedia.com/terms/s/stretch-ira.asp It is great you are thinking of your wife’s future. Thanks for the link and the suggestion to stop using ' Stretch ' IRA. :...
by patrickscott
Tue Sep 10, 2019 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Spouse/Widow Inheriting My IRA
Replies: 26
Views: 2464

Re: Spouse/Widow Inheriting My Stretch IRA

afaik, the only possible option for an heir inheriting a Beneficiary (aka Inherited) IRA is to re-title it and continue RMDs based on the original beneficiary's RMD schedule. Of course she can accelerate distributions above the rate of the RMD amount up to and including a full distribution. BTW, I ...
by patrickscott
Tue Sep 10, 2019 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Spouse/Widow Inheriting My IRA
Replies: 26
Views: 2464

Re: Spouse/Widow Inheriting My Stretch IRA

I took a look at the Wiki, and this seems to be the most relevant paragraph: "A spouse, however, might decide to forgo a spousal rollover if he/she is under the age of 59 and 1/2 and has a clear need for the income from the IRA. As beneficiary, the surviving spouse is required to take minimum distr...
by patrickscott
Tue Sep 10, 2019 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Spouse/Widow Inheriting My IRA
Replies: 26
Views: 2464

Re: Spouse/Widow Inheriting My Stretch IRA

Greetings, Thanks to all that posted. The more posts, the more I learn. ------------------- Since my original post may not have been clear enough, here is some additional information: 1) I did not inherit the IRA. 2) It is my IRA and I started receiving it a few years ago. 3) Due to my wife's age, w...
by patrickscott
Sun Sep 08, 2019 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse/Widow Inheriting My IRA
Replies: 26
Views: 2464

Re: Spouse/Widow Inheriting My Stretch IRA

Please read and reread the Bogleheads Wiki until you understand the options available. It exists for the very purpose of education and answering questions such as this. https://www.bogleheads.org/wiki/Inheriting_an_IRA Cheers Greetings, Thanks for your suggestion. I had, of course, read the boglehe...
by patrickscott
Sun Sep 08, 2019 10:30 am
Forum: Personal Finance (Not Investing)
Topic: I Bonds - How Your Spouse can Quickly Cash in I Bonds
Replies: 53
Views: 4455

Re: I Bonds - How Your Spouse can Quickly Cash in I Bonds

So one can report accrued interest without having a 1099? Absolutely. There is no 1099. You simply calculate the accrued interest and report it and then do the same each year for the life of the bonds. Gill Thanks Gill for the information. I just wish there were a way of paying, now, just a small p...
by patrickscott
Sun Sep 08, 2019 10:14 am
Forum: Personal Finance (Not Investing)
Topic: I Bonds - How Your Spouse can Quickly Cash in I Bonds
Replies: 53
Views: 4455

Re: I Bonds - How Your Spouse can Quickly Cash in I Bonds

So one can report accrued interest without having a 1099? I did, last year. I transferred some I-Bonds to my kids and reported accrued interest on my tax return that was on the transaction records from Treasury Direct. I did not get a 1099 from them. I printed out a copy of those transactions, save...
by patrickscott
Sun Sep 08, 2019 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Spouse/Widow Inheriting My IRA
Replies: 26
Views: 2464

Spouse/Widow Inheriting My IRA

Greetings, Please disregard the term STRETCH in my posts and in the Subject line. :oops: I am trying to write, for my wife, a basic, simple ‘ Your Options When You Inherit My Stretch Traditional IRA ,’ or, even better, ‘ When You Inherit My Stretch Traditional IRA, Follow These Steps .’ I have found...
by patrickscott
Wed Sep 04, 2019 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: I Bonds - How Your Spouse can Quickly Cash in I Bonds
Replies: 53
Views: 4455

Re: I Bonds - How Your Spouse can Quickly Cash in I Bonds

Or she and your executor can accrue the interest on her and your joint return for the year of your death. Or your executor might accrue the interest on the estate’s income tax return and offset the income with estate administration expenses. ----------- Thanks for your reply. Unfortunately, I don't ...
by patrickscott
Sun Sep 01, 2019 11:35 am
Forum: Personal Finance (Not Investing)
Topic: I Bonds - How Your Spouse can Quickly Cash in I Bonds
Replies: 53
Views: 4455

Re: I Bonds - How Your Spouse can Quickly Cash in I Bonds

Thanks to all that replied. I will post again after my wife cashes in a 'Transfer Rights' I Bond from her treasury account.
by patrickscott
Sun Sep 01, 2019 11:32 am
Forum: Personal Finance (Not Investing)
Topic: I Bonds - How Your Spouse can Quickly Cash in I Bonds
Replies: 53
Views: 4455

Re: I Bonds - How Your Spouse can Quickly Cash in I Bonds

Another option is that if there are some warnings of an impending death of the bondholder, then transfer the ownership to the "healthy" spouse while both spouses are alive. However, depending on the familial circumstances, this may or may not be appropriate for social reasons e.g. surviving spouse ...
by patrickscott
Sun Sep 01, 2019 11:23 am
Forum: Personal Finance (Not Investing)
Topic: I Bonds - How Your Spouse can Quickly Cash in I Bonds
Replies: 53
Views: 4455

Re: I Bonds - How Your Spouse can Quickly Cash in I Bonds

When I contacted Treasury Direct to ask about this specific situation, they said that the surviving spouse is supposed to contact Treasury Direct, provide them with a mailed, signed, paper form and a death certificate and so on, and that they would then transfer the bonds into her account. That is,...
by patrickscott
Sun Sep 01, 2019 11:05 am
Forum: Personal Finance (Not Investing)
Topic: I Bonds - How Your Spouse can Quickly Cash in I Bonds
Replies: 53
Views: 4455

Re: I Bonds - How Your Spouse can Quickly Cash in I Bonds

My wife died last year. We had I-bonds registered in her name only on the assumption that I will die first. I was her sole heir and was able to cash the I-bonds thru my bank which also helped me with all the paperwork in dealing with the Feds. What I neglected to do was to have a federal withhold o...
by patrickscott
Sun Sep 01, 2019 11:01 am
Forum: Personal Finance (Not Investing)
Topic: I Bonds - How Your Spouse can Quickly Cash in I Bonds
Replies: 53
Views: 4455

Re: I Bonds - How Your Spouse can Quickly Cash in I Bonds

P.S. Another factor to consider, by the way, is that the Treasury Direct website is clunky. The bonds that are in someone else's account don't show up the way you'd expect, you have to go to some other screen that's not at all obvious. Also, the site constantly forgets my computer and won't let me l...
by patrickscott
Sun Sep 01, 2019 10:56 am
Forum: Personal Finance (Not Investing)
Topic: I Bonds - How Your Spouse can Quickly Cash in I Bonds
Replies: 53
Views: 4455

Re: I Bonds - How Your Spouse can Quickly Cash in I Bonds

I suddenly realized that should I die before 2030 (when most of the bonds will mature), If you bought the I Bonds in 2000 or before they likely have a fixed rate of well over 3%. That might be worth keeping even with the tax implications if she could be getting that 3% for at least a few years. If ...
by patrickscott
Sun Sep 01, 2019 10:51 am
Forum: Personal Finance (Not Investing)
Topic: I Bonds - How Your Spouse can Quickly Cash in I Bonds
Replies: 53
Views: 4455

Re: I Bonds - How Your Spouse can Quickly Cash in I Bonds

Or she and your executor can accrue the interest on her and your joint return for the year of your death. Or your executor might accrue the interest on the estate’s income tax return and offset the income with estate administration expenses. ----------- Thanks for your reply. Unfortunately, I don't...
by patrickscott
Sat Aug 31, 2019 10:44 am
Forum: Personal Finance (Not Investing)
Topic: I Bonds - How Your Spouse can Quickly Cash in I Bonds
Replies: 53
Views: 4455

I Bonds - How Your Spouse can Quickly Cash in I Bonds

Greeting, The other day, as I was musing about taxes and my/our electronic I Bonds, I suddenly realized that should I die before 2030 (when most of the bonds will mature), my widow will have to, for tax reason, surrender/cash in most of the I Bonds as quickly as possible in the year of my death sinc...
by patrickscott
Sat Jun 29, 2019 4:59 am
Forum: Personal Finance (Not Investing)
Topic: moving to higher tax bracket
Replies: 9
Views: 1340

Re: moving to higher tax bracket

Married, Age 73, Retired, 12% tax bracket, converting only about $40k from IRA to Roth each year to stay in the 12% tax bracket. Depending on the amount of SS you receive, you may already be paying 22.2% on some of that conversion. See chart below, from the downloadable personal finance toolbox Exc...
by patrickscott
Sat Jun 29, 2019 4:49 am
Forum: Personal Finance (Not Investing)
Topic: moving to higher tax bracket
Replies: 9
Views: 1340

Re: moving to higher tax bracket

It can make sense but your case seems pretty marginal. When you die, your spouse is only going to end up in the 22 or 24% bracket. So she isn't paying more taxes than you are talking about. Without knowing anything about you, you have a decent chance to live another 10-20 years. At 40k/year, there ...
by patrickscott
Sat Jun 29, 2019 4:41 am
Forum: Personal Finance (Not Investing)
Topic: moving to higher tax bracket
Replies: 9
Views: 1340

Re: moving to higher tax bracket

You might want to consider making use of Qualified Charitable Distributions (QCDs). These will let you make donations from your traditional IRA and avoid the taxes on those distributions. They can even count towards your RMD. However, if you convert all of the IRA to a Roth IRA, then you will have ...
by patrickscott
Mon Jun 24, 2019 6:31 am
Forum: Personal Finance (Not Investing)
Topic: moving to higher tax bracket
Replies: 9
Views: 1340

Re: moving to higher tax bracket

Thanks to all that replied. I will post more detailed replies later this week once I have had time to study the charts. (Our 20 year old A/C just went out and cannot be fixed and we are in the midst of sweating in our Texas heat and looking for a contractor to replace everything.)
by patrickscott
Sun Jun 23, 2019 10:28 am
Forum: Personal Finance (Not Investing)
Topic: moving to higher tax bracket
Replies: 9
Views: 1340

moving to higher tax bracket

Greetings. When does it make sense to move to a higher tax bracket? Current situation: Married, Age 73, Retired, 12% tax bracket, converting only about $40k from IRA to Roth each year to stay in the 12% tax bracket. I have about $450,000 in IRAs and about $110,000 in Roth. I get about $12-13,000 RMD...
by patrickscott
Sun Oct 28, 2018 4:54 am
Forum: Personal Investments
Topic: RMD from IRA VTSAX to taxable VTSAX
Replies: 10
Views: 628

Re: RMD from IRA VTSAX to taxable VTSAX

I'm thinking in particular of a Donor Advised Fund, such that you could get the tax advantages this year, but disperse money in the future. Perhaps it could be done by emailing or faxing forms? Donor Advised Funds do not qualify for QCDs. RM, thanks for the reminder that Donor Advised Funds do not ...
by patrickscott
Sun Oct 28, 2018 4:44 am
Forum: Personal Investments
Topic: RMD from IRA VTSAX to taxable VTSAX
Replies: 10
Views: 628

Re: RMD from IRA VTSAX to taxable VTSAX

. The rules don’t require that you pull cash out of your IRA, only that a certain amount comes out of the tax shelter each year starting at age 70½ so the IRS can tax it. It’s perfectly okay to have stock or mutual fund shares transferred from your IRA to a taxable account to satisfy your RMD. http...
by patrickscott
Sun Oct 28, 2018 4:40 am
Forum: Personal Investments
Topic: RMD from IRA VTSAX to taxable VTSAX
Replies: 10
Views: 628

Re: RMD from IRA VTSAX to taxable VTSAX

You might be able to "transfer in kind" the holdings that would be your RMD. You are still responsible for the taxes, from other money if you do that. (We have done just that at Schwab, and it was simple, but don't know for sure if Vanguard does this, or if they do, "if it is simple" there...) Ther...
by patrickscott
Sun Oct 28, 2018 4:29 am
Forum: Personal Investments
Topic: RMD from IRA VTSAX to taxable VTSAX
Replies: 10
Views: 628

Re: RMD from IRA VTSAX to taxable VTSAX

As long as the money comes out of your IRA account, it is a distribution . The mechanics are not important. One possible suggestion. Perhaps you could have Vanguard mail the checks to a trusted friend or relative for them to mail them to the charities. Alternatively, you can ask Vanguard if they wi...