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January 26, 2025
Question

I have 2 IRA accounts. One is an annuity, the other is a brokerage. I need to take an RMD from each. I have attempted to use the annuity sum totally as an RMD to cover RMD from other account. Turbo Tax finds this problematic.

  • January 26, 2025
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    fanfare
    Employee
    January 26, 2025

    the annuity payout is considered as the exact  RMD for that annusity.

    Another IRA is going to require another calculation of the RMD for that account.