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New Member
posted Jan 25, 2025 6:01:10 PM

I have 2 IRA accounts. One is an annuity, the other is a brokerage. I need to take an RMD from each. I have attempted to use the annuity sum totally as an RMD to cover RMD from other account. Turbo Tax finds this problematic.

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1 Replies
Level 15
Jan 25, 2025 6:13:28 PM

the annuity payout is considered as the exact  RMD for that annusity.

Another IRA is going to require another calculation of the RMD for that account.