If a taxpayer delays their first required minimum, Ask an Expert

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If a taxpayer delays their first required minimum distribution from a traditional IRA until April 1 of the year after they reach age 70½, what is the deadline for the taxpayer to take the next required minimum distribution?

A) December 31 of that year.

B) April 1 of the following year.

C) April 15 of the following year.

D) Six months from their birthday.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91624669

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