Did Not take RMD for my Inherited IRA in 2022
I inherited my Dad's IRA a few years ago. I've been taking my RMD withdrawals since then.
Due to an oversight, I forgot to take the RMD withdrawal in 2022. I immediately took a withdraw on 1/4/2023.
I have no 1099-R from the financial institution for my 2022 tax return because I failed to take an RMD in 2022.
When I go thru my 2022 return in Turbo Tax, I enter NO 1099 details. Meaning I do not update my 1099 withdrawals in 2022 although I reported 1099 withdrawals in 2021.
Turbo Tax says we noticed you didn't update your 1099 withdrawals in 2022 press continue to delete them or go back and update them.
Shouldn't I have to report the insufficient withdrawal somewhere in my 2022 tax return? Thanks for your assistance.