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Retirement tax questions
When I requested the distribution from IRA-1, I requested RMD from IRA-1 plus RMD from IRA-2 plus a round up distribution to the next $1000. I have the 1099-R from IRA-1. Part of the 1099R amount is IRA-1 plus IRA-2 RMDs and part is a simple distribution. Turbotax asks me for my RMD only from IRA-1, not the total RMD. How do I enter the RMD for IRA-2 to show that my entire RMD has been covered and there is also a round up distribution? If I enter the entire RMD amount on the question about the IRA-1 RMD, it will show the IRA-1 RMD has been exceeded and not recognize the IRA-2 RMD as covered.
Thanks,
don
‎February 25, 2025
10:37 AM