@sravsten wrote:
Where do I enter in TurboTax the RMD taken from one IRA to cover RMD requirement on another IRA?
Actually nothing about a RMD goes on a tax return at all. TurboTax asks the RMD question because there can be a penalty for failing to take the RMD. If you took the RMD then say yes to the question.
For tax purposes you only have one Traditional IRA and it makes no difference what account or accounts you take the RMD from. You simply enter the 1099-R for the distribution. TurboTax will ask for each 1099-R if it was a RMD and will ask again after all 1099-R's have been entered if you took the RMD for the year, just answer yes.
**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.**
