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February 14, 2025
Question

Do I have to report my "Required Distribution Amount" on each of my accounts?

  • February 14, 2025
  • 1 reply
  • 0 views
I don't remember doing this last year. Is this new?

    1 reply

    JohnB5677
    February 21, 2025

    Yes,  You can post the combined total for all of the RMD's. 

    Then Post each 1099-R separately,  

     

    Follow the interview carefully.

    • When you are asked "Let's get more information about your Required Minimum Distribution (RMD)."
    • Record the TOTAL RMD required for all accounts.

    As you go through the interview 

    1. You will then get a follow-up question
    2. Just a few more details about your RMD
    3. I took out the entire remaining amount during the correction window
    4. Yes

     

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