@Michael_G wrote:
Thanks for that info. I did a little research in the last couple of days and I did see info about the form 5329. So it sounds like you are saying I DO need to include the Jan distribution on the 2019 return since it was in 2019. Since we did our taxes separately I didn't look at what she was doing and assumed she was doing things correctly. I don't know what her thinking was and unfortunately I can't ask her now. I don't know if it was ignorance on her part that she thought she could still report it on her 2018 return. I don't think she was intentionally doing something she new was wrong. Since she didn't file the return with the 5329 included I guess you are saying that I need to amend the 2018 return AND also file the 5329 as well. If I amend the return I would think she should get a refund since she paid tax on a distribution she didn't get and therefore the amended return should show less tax.
That is all correct. A 2019 distribution cannot go on a 2018 tax return. If entered then remove it and a refund should be coming. Also attach the 5329 to the amended 2018 return. Attach an explanation that the late RMD was taken in 2019.
Enter both 2019 1099-R on a 2019 return.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
