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1 RMD for multiple IRAs
I have 2 IRAs held at 2 separate institutions, both requiring RMDs. As allowed by law, I took the combined RMDs from 1 account, thus only 1 1099-R reflecting the correct (total) RMD for both accounts. The follow-up questions in Turbo Tax make no sense...how do I correctly enter this? I have been using TurboTax for many years, and I have to say they have made a straightforward (and common) situation unnecessarily complex and confusing.
‎February 23, 2025
3:11 PM