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Get your taxes done using TurboTax
LK: I entered each account as separate IRAs, and on the first account I entered the RMD equal to the amount of the distribution from that first account. Then I entered the second account, entered the remaining distribution amount, and for the RMD, subtracted the first account RMD I entered, so that the two accounts together totaled the correct RMD for my IRA. This finally got me to the correct distribution and the correct TOTAL RMD. Also, as you finish the entry process, TT has a question asking if you have any accounts for which you failed to take a distribution short of your RMD. Be sure, for each account, to check the box that says "None of these" apply.
Good luck!
‎April 10, 2025
6:20 AM