I have 5 traditional IRAs and calculated the RMD required of each account. I took the aggregated RMD from only one account and received a 1099-R for that account. (No 1099-Rs were received from the other 4 accounts since no distributions were made.) The total distribution from the first IRA obviously exceeds the RMD for that one account since it includes the RMDs for the other 4, but since no data is requested by TT on the other 4 accounts, how does the IRS know that I've satisfied my total RMD requirement?
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When you report the total RMD say all is RMD. The IRS will know you satisfied all accounts with one form.
The IRS knows all of your investment balances on Dec 31 along with your RMD for each account. The IRS allows you to remove the money from one IRA account and their computer will do the math work. It is actually a system that works well.
Of course, you should keep your end of year statements and how you determined the RMD with your records.
I am certain you marked all RMD or you would have had more trouble and questions for us.
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