Internal Revenue Service Form 5329 is used to request a waiver of the penalty for missing a required minimum distribution, or RMD, from a tax-deferred retirement account. A Journal Report article on Monday about RMDs incorrectly said it is Form 5229. Additionally, an account owner’s minor child who inherits a traditional or Roth IRA is considered an eligible designated beneficiary and is allowed to stretch RMDs over his or her lifetime using the IRS single life-expectancy table.
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