If I turned 70 1/2 in a tax year, what is the latest date on which I must take my first required minimum distribution (RMD) from my IRA?

The first required minimum distribution from an IRA must be taken by April 1 of the year following the year in which you turned 70 1/2. Remember, since this is the latest date you must take your first RMD, if you do delay it to the year following the year in which you turn 70 1/2, you must take two distributions during that year-one for the prior year and one for the current year.