After you fill out the 1099R for TDA, the 5th following screen asked how much was required distribution. This is part of the 1099R worksheet form; in the first outlined box on the worksheet form. You find that number from the year end account statement from each custodian. TDA didn't exist at year end because it was purchased by Schwab but the last statement for TDA from 4/30/2024 showed I had an RMD amount exceeding the amount I took for distributions from 1/1/2024 to 4/10/2024.
As of 4/10/2024 the IRA from TDA was transferred to Schwab. I took distributions from Schwab. The YE statement from Schwab showed the same required RMD as the TDA Statement because it refers back to the same TDA account value. The distributions from Schwab do not equal the that RMD figure.
My total distributions (TDA + SCHWAB) equals the RMD required.
This problem would also exist if I moved my IRA from custodian #1 to custodian #2 mid-year.
I tried to take screen shots but I could not paste here in the answer.
