phann185
New Member

Retirement tax questions

VolvoGirl commented on an answer to your question:

when to report RMD

Thank you very much!

May I ask is there a reason why you are asking?  You will need to take the RMD each year now by Dec 31.   Do you have more than one IRA, etc?

Reason: I have many IRAs. I know I can take 1st RMD until Apr. 2017, and 2nd before Dec. 2017, and report 2 RMDs together early 2018. Then, my tax will falling into a higher tax rate.
Is this reasonable?