Retirement tax questions

To confirm you took the RMD from both institutions and you have two Form 1099-Rs? If yes then please follow these steps:

1. Click on "Search" on the top right and type “1099-R”
2. Click on “Jump to 1099-R” and enter the first 1099-R
3. On the "Required Minimum Distribution" screen enter RMD for this account  (allocate RMD)
4. 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 
5. On the "Required Minimum Distribution" screen enter RMD for this account (allocated RMD)
6. 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
7. On the "Your 1099-R Entries" screen add the second 1099-R
8. On the "Your 1099-R Entries" screen click "Continue"
9. On the "Did You Miss a Required Distribution From Any Retirement Accounts?" screen select "None of these plans failed to withdraw the RMD" if you met all of your RMD for 2024.