I must be missing something. How is the question correct when I have to consider the IRA separately from the TSP?
Hypothetical figures that reflect my situation:
TSP RMD = 3,000
TSP distribution = 5,000
IRA RMD = 10,000
IRA distribution = 0
If I answer the question as written:
Enter the total RMD and the amount you actually receive. Combine the amounts for all IRAs and qualified employer plans you owned and enter the totals below.
Required RMD Amount ___13,000________
Actual Amount Received ___5,000_____
This would make my shortfall $8,000. It later tells me that I owe taxes based on this amount and asks how much of the $8,000 do I want waived (for form 5329).
However, the IRS is telling me that I CANNOT combine the RMDs from these two accounts, so since my RMD on the IRA is $10,000 and I didn't withdraw any of that, my shortfall is 10,000, so I need to ask for a waiver on the entire $10,000.
