Jump to content

Required Minimum Distribution Question


Guest KD40

Recommended Posts

Can someone answer the below question regarding RMD's?

A father works at a company in which he has no ownership, but his sons do, and they are greater than 5% owners. The father is 75 years of age and is still a full-time employee. Is he required to take a RMD payment or can he delay this payment till he terms? Was uncertain if the family attribution rules related to RMD payments.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...