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RMD
I have turned 73 in 2025 and am now required to take RMD's. Why does Turbo Tax instruct you to NOT report a first time RMD required to be taken by April 1, 2026 BUT taken in 2025 for which taxes were paid? Prior answers indicate that on 2026 there will be two RMD's to report.
Will this increase my MAGI for 2026? Will I be subjected to tax on the RMD taken in 2025 for which I have already reported on the 2025 return and been taxed on?
yesterday