- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
First RMD for both IRA and Self-employed 401K; Can one be in December and the other deferred to April?
I gather from other posts that Turbo Tax will ask if you've taken the RMD. The IRA distribution will appear on line 4a IRA Distributions, and the Self-employed 401K distribution will be on 5a Pensions and Annuities. Will Turbo tax accept yes (and an amount) and no (and a zero amount), and not flag it as not taking RMD for a first time RMD (taxpayer turned 73 in tax year).
Topics:
‎December 3, 2024
12:29 PM