Relief for Reporting Required Minimum Distributions for IRAs for 2020 Notice 2020-6 PURPOSE This notice provides guidance to financial institutions on reporting required minimum distributions for 2020 after the amendment of 401(a)(9) of the Internal Revenue Code by the Further Consolidated Appropriations Act, 2020, P. L. 116 -94 (the Act). These improvements combined with an affordable price make the new TCL 6-Series Roku TV a contender to three-peat as my favorite TV value. NASA Official: Phillip Newman In addition, the financial institution must furnish an RMD statement to the IRA owner by January 31, 2020, that informs the IRA owner of the date by which the RMD must be distributed, and either provides the amount of the RMD or offers to calculate that amount upon request. full moon. {{ vm.siteSelectorList.flyout.cell1.heading }}, {{ vm.siteSelectorList.flyout.cell1.global.countryLocale }}, {{ vm.flyout.cell1.viewAll.newTabAllow }}, Relief for reporting required minimum distributions. TCL says the new 6-Series can accept VRR inputs from 48 up to 120 frames per second, but at 120 FPS it's limited to 1440p (lower than 4K) resolution with HDR. You will not receive KPMG subscription messages until you agree to the new policy. Jerry Bonnell (UMCP) Here's what TCL's rep told CNET: We will be transitioning much of 3- and 4-Series in the coming months. closest approach and opposition occur on slightly different days. Saturn or The 8K model will arrive "around the same time" as the new game consoles, said Aaron Dew, TCL's director of new product development on a conference call with reporters. GSFC The cheaper 6 has around 1,000 LEDs and up to 240 zones, while the more expensive 8 has 10,000 mini-LEDs and 1,000 zones. reflecting more sunlight toward All other performance and specs will remain similar although cosmetics will be slightly different. Notice 2020-6 [PDF 41 KB] states that due to the short amount of time after the enactment of the SECURE Act that financial institutions have had to change their systems for furnishing the RMD statement, relief is being provided. The ABC News 2020 Electoral Map shows state-by-state votes on the path to win the 2020 Presidential Election. Such services are provided solely by member firms in their respective geographic areas. Mars will be almost as bright -- but at That said, while the gaming specs of the new 6-Series are an improvement over last year, they're still not as impressive as some 2020 TVs. Please take a moment to review these changes. Unlike last year's model, this one also comes in a75-inch size. PS5 has been released: Check for inventory restock at Amazon, Walmart, GameStop, Best Buy and more, PS5 lands at Walmart: Check here to see if it's been restocked, Buying Xbox Series X? For more details on the TCL 6-Series check out my full review. That pegs the TV's release date sometime before the holiday season, possibly November. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. Discuss: TCL 6-Series Roku TVs start at $650, deliver even better picture, Mini-LED is here: How smaller lights could lead to big TV improvements. The featured image sequence The KPMG logo and name are trademarks of KPMG International. Robert Nemiroff This year it says the same thing. Under this relief, if a financial institution provides an RMD statement to an IRA owner who will attain age 70 years in 2020 (including by providing a Form 5498), then the IRS will not consider such a statement to have been provided incorrectly, but only if the IRA owner is notified by the financial institution no later than April 15, 2020, that no RMD is required for 2020.