MarilynG1
Expert Alumni

Retirement tax questions

Neither the IRS nor TurboTax knows what your RMD should be.  They expect you and your plan administrator to distribute the correct total RMD.  The IRS states that the RMD can be taken from one account or across several accounts.  Here's more on IRS Requirements for RMD's.

 

If your RMD is 30K, for example, and you have a distribution of 20K on one 1099-R, you can indicate that the RMD is 20K (total distribution is RMD).  If you have another distribution for 15K, you can enter that 10K is the RMD amount.  You have now met your required RMD, and don't need to worry about 'undistributed RMD' from any particular account.  

 

You should have no errors or worksheets to complete. 

 

@Fiberglass72 

 

 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"