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April 2, 2025
Question

1099 R RMD Sep Ira

  • April 2, 2025
  • 1 reply
  • 0 views

could you include RMD from Sep Ira on 1099R as a business income on 2024 tax return?

1 reply

Employee
April 2, 2025

@bhajialilou wrote:

could you include RMD from Sep Ira on 1099R as a business income on 2024 tax return?


A SEP-IRA distribution is personal income, not business income.