rjs
Level 15
Level 15

Retirement tax questions

You have to enter the 1099-R as it is, and your mother has to pay the tax. There is no special treatment for taking two RMDs in the same year. She does not file Form 5329 for 2024. She received the double income. The tax on the double amount is what it should be. There is nothing you can do to lower it.

 

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