Hi Robert:
Thanks for your prompt response.
I am a bit confused on the manual reporting adjustment for 1099R of missing 2025 RMD. In 2025 return, I did not take the RMD by 12/31/2025 and naturally, there was no 1099R for that 2025 RMD. Thus, I can't report that 2025 RMD on my 2025 return. In 2026 retutn, I will report both: the missing 2025 RMD taken in 3/2026 and the 2026 RMD will be taken in 12/31/2026 since the institution will issue one 1099R for both RMDs in one total under code 7 - Normal Distribution. Therefore, I will pay tax on the total RMDs in 2026, meaning only one not twice? Do I misunderstand from what you tried to explain on that manual reporting adjustment? Please elaborate.
Appreciate so much.
