I began making RMD payments in tax year 2024. I have a deferred income annuity which will being payments in 2026 and I therefore did not receive a 1099-R for 2024 as no distribution was made. I did receive a form 5498 which provided the FMV of the account and shows that an RMD payment is required for 2024. How and where should I include this FMV amount in TurboTax to ensure that I pay the full and correct RMD payment for 2024?
