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April 2, 2025
Question

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

  • April 2, 2025
  • 1 reply
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could you include RMD from Sep Ira on 1099R as a business income on 2024 tax return in business section?

    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 in business section?


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