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May 5, 2020
Question

Should I make a correction for the RMD amounts for my RMA? I have two RMAs and the RMD amount was Distributed from the first and is more than the total for both RMAs.

  • May 5, 2020
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1 reply

macuser_22
Employee
May 5, 2020

RMA?   Do you mean IRA?

 

You can take the IRA RMD from any one or several IRA's as long as the total amount distributed is as much or more than the years required RMD firm all accounts.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**