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 Nov 5, 2021 11:33:33 PM

How can I issue 1099-R form for RMD that I send to myself from the IRA account that I manage (Real Estate IRA)?

0 3 591
3 Replies
Level 15
Nov 6, 2021 8:44:57 AM

You need to provide more details regarding this scenario.

 

Typically, you would have a self-directed IRA custodian that would issue the 1099-R.

Level 2
Nov 8, 2021 12:23:47 PM

IRA is a real estate renting. I have a custodian, but the custodian does not have cash in the account. I have cash in the account associated with the real estate operation. Do I have to send a check to the custodian and then request to send it back and ask for 1099-R after that or simply can write a check to myself and then issue 1099-R later that I do not know how to do

Level 15
Nov 8, 2021 12:36:51 PM

The custodian should issue the 1099-R.