Monday, October 26, 2009

Retirement Plan Distribution exempt for 2009

If you are normally required to take a minimum distribution from an IRA in 2009 you are exempt from this mandate. IF you have already taken a minimum required distribution you are able to redeposit the distribution as long as the transaction is completed by December 31, 2009.

John R. Dundon, EA - www.1040.com/jd - Taxpayer Advocate - Enrolled with the United States Department of Treasury to Practice before the IRS - Under contract with the United States Department of Treasury as a Certified ITIN Acceptance Agent -call 720-234-1177

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