I have two IRAs and I take the RMD by adding both IRAs value and then determine the RMD. How do I report this on Turbo Tax?
How can i lump my total value of my two IRAs and then compute the RMD?
011358
1 Best answer
VolvoGirl
Level 15
Jan 30, 2025 8:04:23 PM
Turbo Tax changed this year. When it asks about the RMD it is only asking for that one 1099R. You need to enter the amount in box 1 on that 1099R for the RMD, not the total RMD for all.
1 Replies
VolvoGirl
Level 15
Jan 30, 2025 8:04:23 PM
Turbo Tax changed this year. When it asks about the RMD it is only asking for that one 1099R. You need to enter the amount in box 1 on that 1099R for the RMD, not the total RMD for all.