I have a similar but slightly more complicated issue. Three years ago, Schwab switched part of my IRA to a separate account. Then for tax years 2018 and 2018 they did not withdraw an RMD for that separate account, only for the balance of the original account. I did not realize that their issued 1099-R did not include the new separate account and so did not report it. I just discovered the problem. I have already filed my 2019 taxes. My interpretation of this thread, as well as IRS Instruction, etc. is that I should:
1-Take the required distributions ASAP as a regular withdrawal,
2-Use Turbotax to prepare 1040-X amended returns for 2018 and 2019 with the year appropriate 5329’s. File paper forms. I use desktop version of TT.
3-Include the required taxes due (not any penalty) with the 1040-X’s.
Am I on the right track?
