Get Rmd Worksheet

This guide provides a clear and supportive approach to filling out the Required Minimum Distribution (Rmd) Worksheet online. By following these steps, you will be equipped to accurately calculate your RMDs for your retirement accounts.

Follow the steps to complete the Rmd Worksheet effectively.

1. Click the ‘Get Form’ button to obtain the Rmd Worksheet and open it in your preferred online editor.
2. Determine the value of your retirement accounts by entering the balance of each account as of December 31 of the prior year in the appropriate field.
3. Enter your age as of December 31 of the current year in the designated field.
4. If applicable, enter the age of your spouse, who is the sole primary beneficiary of your IRA, as of December 31 of the current year in the specified area.
5. Using the IRS tables provided in the worksheet, enter the applicable life expectancy factor based on your age and, if relevant, your spouse's age.
6. Calculate your RMD by dividing the account balance (from step 2) by the life expectancy factor (from step 5) and enter the result in the designated field.
7. Ensure that the distribution is taken by December 31 of the current year, or by April 1 of the following year if you turn 70½ this year.
8. Once you have filled out all the required fields, you can save your changes, download the form, print it, or share it as needed.

Start completing your Rmd Worksheet online today for accurate retirement planning.