Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Income — Retirement Income Workout

Other Retirement Income Issues

Skills Warm Up: Other Retirement Income Issues

Question 2 of 3

Helen turned 72 March 17, 2021. She retired in 2022. She has never taken any distribution from her traditional IRA accounts. The bank where she has her IRA told her that she needs to take a minimum distribution of $1,479 per year. Helen is required to _____.

Take a distribution of $1,479 by April 1, 2021
Take a distribution of $1,479 by December 31, 2021
Take a distribution of $2,958 by December 31, 2021
Take a distribution of $1,479 by April 1, 2022, and another $1,479 by December 31, 2022


Pub 4491, Retirement Income Lesson
Form 1099-R

Pub 4491, Retirement Income Lesson

Form 1099-R