- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
Please follow these steps:
- Click on "Search" on the top right and type “1099-R”
- Click on “Jump to 1099-R” and enter your first 1099-R
- Enter the RMD amount for this account on the "Let's get more information about your Required Minimum Distribution (RMD)" screen
- Continue until "How much of this distribution applied to your December 31, 2024 RMD?" screen and select "The entire distribution was an RMD" /or select "Only part of this distribution was a RMD" and enter the amount of RMD (if this distribution includes RMD for other IRA accounts then you included the amount here)
- On the "Here's your 1099-R info" screen add the next Form 1099-R and repeat RMD steps
- Repeat until all Form 1099-Rs are entered then click "Continue" on the "Here's your 1099-R info" screen
- On the "Did You Miss a Required Distribution From Any Retirement Accounts?" screen select "An IRA..."
- On the "Total RMD for all other IRAs" screen enter the RMD from your other IRAs (IRA 4 and 5, where you didn't take a distribution from).
Please see Can an account owner just take a RMD from one account for additional information.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 19, 2025
1:48 PM