IRA Required Minimum Distribution Worksheet

 

Use this worksheet for 2021

Use this worksheet to figure this year’s required withdrawal from your (non-inherited) traditional IRA UNLESS your spouse1 is the sole beneficiary of your IRA and they’re more than 10 years younger than you.

Deadline for receiving required minimum distribution:

  • Year you turn age 72 (70 ½ if you reached 70 ½ before January 1, 2020) - by April 1 of the following year
  • All subsequent years - by December 31 of that year
  1. IRA balance2 on December 31 of the previous year
     
  2. Distribution period from the table (Table III) for your age on your  birthday this year.
     
  3. Line 1 divided by number entered on line 2. This is your required minimum distribution for this year from this IRA.
     
  4. Repeat steps 1 through 3 for each of your (non-inherited) IRAs.

Once you determine a separate required minimum distribution from each of your (non-inherited) traditional IRAs, you can total these minimum amounts and take them from any one or more of your (non-inherited) traditional IRAs.

RMDs were waived for 2020. If you reached age 70½ in 2019 and delayed taking your first RMD until April 1, 2020, that RMD was waived. Your 2021 RMD is due by December 31, 2021.

For additional information, see:


1 Generally, your marital status is determined as of January 1 of each year. If your spouse is the beneficiary of your IRA on January 1, they remain a beneficiary only for purposes of calculating the required minimum distribution for that IRA even if you get divorced or your spouse dies during the year.

2 You must increase your IRA balance by any outstanding rollover from a qualified plan or another IRA that wasn’t in an account on December 31 of the previous year. In addition, you must increase your IRA balance by any recharacterized Roth IRA conversions that were not in any traditional IRA on December 31 of the previous year.