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March 1, 2025
Question

Spouse Died and IRA Rolled Over

  • March 1, 2025
  • 1 reply
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My spouse passed away in 2024. I have received two 1099-R's in my name.  One for the RMD with taxes taken out and another for the disbursement of the remainder of the account.  When I put in the disbursement part, do I say there is no RMD required because it was already taken out.  If I put the amount that I was paid, It makes me pay a penalty.  Can anyone help me with this?  Thank You

    1 reply

    Employee
    March 1, 2025

    "When I put in the disbursement part, do I say there is no RMD required because it was already taken out."

     

    Correct.