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Which of the following taxpayers calculated their excise tax for not taking their full required minimum distribution (RMD) correctly? Carla. Carla's RMD for 2023 was
Which of the following taxpayers calculated their excise tax for not taking their full required minimum distribution (RMD) correctly? Carla. Carla's RMD for 2023 was $4,000. She took $2,000 in distributions during the year. She took the remaining amount in January 2025. She calculated a $200 excise tax. Dean. Dean's RMD for 2023 was $3,000. He took $1,500 in distributions during the year. He did not take the remaining amount at a later date. He calculated a $150
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