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TurboTax Premier 2024 RMD Question
This is an example and not real figures. I have 4 accounts that each required an RMD for the 2024 tax year. For ACCT #1, I have an RMD = $10,000, but an annual annuity payment to me of $20,000. For ACCT #2, I have an RMD = $9,000. For ACCT #3 + ACCT #4, I have a combined RMD = $10,000. Hence, my Total RMD for 2024 = $29,000. As I get an annual annuity of $20,000 from ACCT #1, they told me I could use $10,000 of that amount toward the RMD total for ACCT #3 + ACCT #4, from which I made no withdrawal in 2024. As I used the first 2 accounts only to cover my Total 2024 RMD, how do I show this in TurboTax Premier 2024? That is, how do I show that $10,000 of ACCT #1 went to pay my RMD for ACCT #3 + ACCT #4? How do I show the RMD for ACCT #3 + ACCT #4 when I do not have any withdrawal from them during 2024?