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Required Minimum Distribution (RMD)
I've taken distributions from several retirement accounts and the total satisfies my Required Minimum Distribution (RMD) for federal tax purposes. The RMD for each individual account may or may not be satisfied however. Since TurboTax asks about satisfying the RMD on an account by account basis, how should I answer each question? What will TurboTax do if I answer "no" to satisfying the RMD for a given account but have satisfied the overall RMD requirement?
‎February 3, 2023
7:45 AM