Hello,
I also found out I missed the RMD distribution when I was doing my taxes yesterday on 4/7/2024. I was able to immediately distribute the RMD amount for 2023 over the TDAmeritrade website today 4/8/2024. I followed the following steps and completed the waiver. Because I already corrected the missing 2023 RMD, should I enter the 1099-R entry anyways? and for 2024 RMD, since I distributed RMD year 2023 in 2024, should I also withdraw the 2024 RMD as well which will result in 2024 over drawal (2023 RMD + 2024 RMD)?
- Click on "Search" on the top right and type “1099-R”
- Click on “Jump to 1099-R”
- Click "Continue" and enter the information from your 1099-R
- On the "Your 1099-R Entries" screen click "Continue"
- Continue until "Tell us more about the retirement plan distribution" screen and select "I did not receive all the RMD for 2023" and click "Continue"
- On the "Required Minimum Distribution" screen enter the RMD amount and actual amount received
- Enter information on the "Let's see if we can reduce your tax bill" if you want to apply for a waiver.
