Hi DanaB27
First off, I have a 1099-R from a traditional IRA that I use for an annual backdoor Roth IRA conversion, and I have a 1099-R from an inherited IRA with an RMD (of $628 in 2024, which I met)
After entering my 1099-R inherited IRA details, Continue to the next screen "Do any of these situations apply to you?", where I check "I inherited this IRA". Continue to "Someone else who passed away", enter DECEASED name and year (2019). Continue to "Did you have nondeductible contributions for this IRA", No. Continue to "When was DECEASE born?", after Dec. 31, 1951. End of interview.
When I see "Here's your 199-R info" showing both 1099-Rs, Continue to "...disaster distribution before 2024?", No, Continue to "No. I did not make and track nondeductible contributions to my IRA", Continue to "Tell us the Value of your traditional IRA", which I assume the be the traditional IRA associated with my backdoor Roth IRA contribution, so 0 since I converted the full amount. Continue to "Did You Miss a Required Distribution From Any Retirement Accounts?", where I select "None of these plans failed to withdraw the RMD." End of interview.
At no time did I see the following:
- On the "Required Minimum Distribution" screen enter RMD for this account ($628)
- On the "How much of This Distribution Applied to your December 31, 2024 RMD" select "The entire distribution applied…" / or select "Some of this distribution…" and enter the RMD amount $628
Upon final review of my return, a review is flagged to enter the "Required RMD amount" on the worksheet, and I enter $628, where the Amount distributed in 2024 in blank, and I receive a notice of $157 penalty due to missing RMD. Could my interview be different since I also have the 1099-R traditional IRA for my backdoor ROTH conversion.
