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Required Minimum Distribution Election Redistribution Method:1. Participant Information If you currently receive Required Minimum Distribution (RED) payments, and you do not want to make any changes
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If you currently receive income, you may need to file a tax return.
Individuals who meet certain income thresholds set by the IRS are required to file if they currently receive.
You can fill out your tax return either manually using paper forms or electronically through tax preparation software or online services.
The purpose of filing if you currently receive is to report your income and claim any eligible deductions or credits to determine your tax liability.
You must report details of your income, such as wages, interest, dividends, and any other sources of income, as well as any eligible deductions or credits.
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