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Get your taxes done using TurboTax
To clarify, you didn't take your RMD in 2024 but took it in 2025 since you just turned 73 in 2024?
If yes, then you do not report a 1099-R on your 2024 return. You will report it next year on your 2025 return when you get the 2025 Form 1099-R. Please make sure you also take the RMD for 2025 by December 31.
You will need indicate in TurboTax that you didn't fail to take the RMD:
- Click on "Search" on the top right and type “1099-R”
- Click on “Jump to 1099-R”
- Continue until you get the "Did You Miss a Required Distribution From Any Retirement Accounts?" screen select "None of these plans failed to withdraw the RMD".
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April 8, 2025
6:37 AM