☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 2
posted Apr 1, 2025 7:08:03 PM

1099 R RMD Sep Ira

could you include RMD from Sep Ira on 1099R as a business income on 2024 tax return?

0 1 592
1 Replies
Level 15
Apr 1, 2025 8:05:47 PM

@bhajialilou wrote:

could you include RMD from Sep Ira on 1099R as a business income on 2024 tax return?

A SEP-IRA distribution is personal income, not business income.