I had an IRA and a tax exempt annuity at the end of 2023. The IRA required a RMD of $3758 and the annuity required a RMD of $6366 for 2024. I combined both accounts into one in May of 2024. From January to April 2024 I withdrew $4000.00 from my annuity and $0 from the IRA, since I closed it . From May 2024 thru December 2024 I withdrew $8000 from the new combined account. I believe the combination of withdrawals should satisfy my RMD for 2024, but am not sure how to report this on my tax return. When I enter the amounts, the TurboTax indicates that I did not withdraw enough and taxes the deficit.
