If the IRA holder turns 70½ this year, he or she can defer the first distribution until April 1 of the next year. If the holder is older, he or she would normally be required to take an RMD before December 31 of this year. RMDs are considered taxable income for the year in which they are taken.
The starting date can be either the initial purchase date or the date from which you wish to calculate the rate of return.
Enter the market value of the investment at the beginning of the performance period.
Enter the last day of the period over which you wish to measure the investment's rate of return.
Enter the market value of the investment at the end of the performance period. If you have sold the entire investment enter $0.