I missed taking the RMD on an inherited IRA for several year. What do I put in the RMD due by 12/31/24 box? One year's RMD or the total previous years RMD?
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I missed taking the RMD on an inherited IRA for several year. What do I put in the RMD due by 12/31/24 box? One year's RMD or the total previous years RMD?
2024 was the first time I took a distribution from the inherited-IRA. The first distribution was equal to the sum of all past years RMDs + 2024.
I missed taking the RMD on an inherited IRA for several year. What do I put in the RMD due by 12/31/24 box? One year's RMD or the total previous years RMD?
Due to TurboTax issues. to avoid wrongful penalty, for each 1099-R, tell TurboTax that the distributed amount is the calculated required amount.