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toestop
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How much of a total RMD amt must be shown when I have 2 Retirement Acct with 2 different Gross Dist. amounts?

 
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2 Replies

How much of a total RMD amt must be shown when I have 2 Retirement Acct with 2 different Gross Dist. amounts?

I am not sure I am understanding your question.

Annual Required Minimum distributions  (RMD) from retirement accounts must begin starting the year you turn 70 1/2 .  The RMD amount is usually calculated by the retirement account trustee or payer, and is not reported on your tax return.  Rather it is to make sure you withdraw the RMD the next tax year.  

Box 1) and box 2)a on the 1099R determine your reportable distribution.

toestop
New Member

How much of a total RMD amt must be shown when I have 2 Retirement Acct with 2 different Gross Dist. amounts?

I was wondering if I should divide my RMD distribution amount between the 2 retirement accounts.  I spoke to a TT agent & she helped me.  Thank you for taking the time to reply to my question.  I do appreciate it.
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