I have a question about your answer. First, I am using 2024 TurboTax Premier Desktop version. You said; "When it asks if you took the RMD you just say yes even though they are for different years. " However, after I enter my 1099-R info and the request for the RMD required (info from my IRA Form 5498), I am taken to a screen asking me to select one of the following:
The entire distribution applied to the December 31, 2024 RMD
Some of this distribution applied to the December 31, 2024 RMD
None of this distribution applied to the December 31, 2024 RMD
For me the correct answer is SOME of this distribution applied since the bulk of it was for conversion to my ROTH IRA. Using this data I am short of my 2024 RMD by $1,199. However, I did a distribution 1/2/25 for $4,500 which shout meet the 2024 RMF per the April 2025 requirement.
After selecting the SOME option, I'm asked "Amount applicable to Dec. 31, 2024 RMD"
QUESTION: this is not a YES or NO option. Do I enter in the the full amount of the 2024 RMD in this box even though it is partly done in 2025? Also, once I enter the amount that was converted to the ROTH IRA it doesn't add up to the amount shown on the 1099-R.
Can you clarify for me?
