How to report RMDs for multiple IRAs that are satisfied from by a single RMD event from one account.

[PrivateGuy]

I believe that the RMD requirement can be satisfied for multiple Traditional IRS by taking the distribution from a single account.   Because of this one only receives a single 1099-R.   How does one use T.T. to report that all the required RMDs have been satisfied?

I appreciate your insight. 

[fanfare]

Due to 2024 TurboTax issues, which seem to persist in 2025,
to avoid wrongful penalty, for each 1099-R (in your case, one), tell TurboTax that the distributed amount is the calculated required amount.

@PrivateGuy 

[rtsantana]

I received only one 1099-r from the account that I took the entire RMD for multiple accounts. Ttax wants to know what the RMD is for the one

account,  but not all accounts. Do I just put in the total for all account in the 1099 question?

[RogerD1]

Yes, this is correct.  You can aggregate all your traditional retirement accounts into one total and take the RMD determined from that total from just one retirement account.  The TurboTax program does not know what your RMD should be - it can only use the information of the RMD that you input to determine if a penalty should be applied for not withdrawing the minimum.

[rtsantana]

Thanks so much. Ttax says only to input the RMD for this one acct. But offered no way to enter the RMD for accts with no distribution which put me at a standstill. Your answer makes the most sense.

[debbiesintuit]

I had 3 IRA accounts that required RMD's to be taken, but I took the total from one of them.  I received the 1099-R from that account, showing the total.  To complicate the matter, I also received a 1099-R for a second account because I did a rollover of that IRA to another bank (by cashier's check), so it showed up as a distribution and liquidation of that account.  When TT asked for info about this 2nd 1099-R, I reported that it was a rollover and that a small part was due as an RMD, but there was no way to indicate that this RMD was included in the first account's 1099-R.  Then there was no 1099-R for the third account because there was no distribution from that institution.  When I had a similar situation last year, I had to respond to a letter from IRS because they thought I hadn't taken all of my RMD's.  Is there any way to clarify in TT this year what the RMD amounts are for each account and that the total was taken just one, or doesn't IRS need to know?

[DianeW777]

First, enter the 1099-R for your required minimum distribution (RMD) and enter that full amount for the RMD amount question. 

The second 1099-R will ask if you rolled it over and be sure to respond to the question for this 1099-R. You may need to enter two 1099-Rs for the second one since part was a rollover and part was a RMD. This will allow TurboTax to know the correct process for your return.

If the IRS does have a question, the same process will take place and your explanation seems to have provided sufficient detail for the IRS.  See below for helpful information.

@debbiesintuit