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Question

I withdrew part of my 2024 RMD in 2025. How should I record this?

Forum|Forum|1 year ago
March 4, 2025
1 reply
0 views

How should I record taking out the rest of my 2024 RMD within the correction window?

The 2024 RMD withdrawn in 2025 will be report next year on your 2025 return.

You will fill out Form 5329 to report the missed RMD for 5329:

Click on "Search" on the top right and type “1099-R”
Click on “Jump to 1099-R”
On the "Your 1099-R Entries" screen (after entering all Form 1099-Rs) click "Continue"
On the "Did You Miss a Required Distribution From Any Retirement Accounts?" screen select what is applicable
TurboTax will walk you through the RMD questions and give you the option to apply for a waiver.

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