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posted May 23, 2025 8:00:49 AM

Deferred Income Annuities and RMDs

I began making RMD payments in tax year 2024.  I have a deferred income annuity which will being payments in 2026 and I therefore did not receive a 1099-R for 2024 as no distribution was made.  I did receive a form 5498 which provided the FMV of the account and shows that an RMD payment is required for 2024.  How and where should I include this FMV amount in TurboTax to ensure that I pay the full and correct RMD payment for 2024? 

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