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RMD
My 401K plan had one administrator for 5 months and a different administrator for 7 months.
I received two 1099-R. The RMD amount for the first 1099-R does not meet the total RMD required for 2023. The second 1099-R well exceeds the RMD requirement for 2023. How do I report the RMD On the tax form.
Should the required RMD be split 5/12 of the total due for one 1099-r and 7/12 for the other 1099-R.
Should I claim zero on the first 1099-R and the total RMD on the second 1099-R.
Thank you for a reply
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‎January 31, 2024
6:26 PM