Guest Sieve Posted November 22, 2010 Posted November 22, 2010 EPCRS is available to correct a missed MRD for a qualified plan, and to ask that the IRS waive the excise tax. Is there anything comparable, anywhere, for correcting a missed MRD for an IRA, and for waiving the excise tax? If not, what do you do when an IRA's MRD was missed, other than pay out the MRD and file the excise tax return (Form 5329, part VIII) requesting an abatement of the tax. Anyone had any success with this approach?
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