Missed 2025 RMD

[user17755988374]

For a particular IRA, I missed making my 2025 RMD. I realize it's too late to correct that. However, I am wondering if the IRS considers the total of all RMDs I made in 2025?

Here's why I'm asking. For another IRA, my distributions exceeded the 2025 RMD (for that specific IRA).

Could that be considered an offset for my missed 2025 RMD on the first IRA?

[ReneV4]

Yes. The IRS allows for taxpayers to aggregate RMDs for certain types of accounts. This means you calculate the required amount for each individual account, add them together, and then you can take that total from any one (or more) of those accounts.

If both of your IRAs are of the same category, your excess withdrawal from the second one does count toward the RMD of the first one. This applies to Traditional IRAs, SEP IRAs and SIMPLE IRAs. If you have an inherited IRA, employer-sponsored plan, or a Roth, you cannot include these in your aggregation.

Since it sounds like you did satisfy yout total RMD, follow these steps in TurboTax:

1. Return to your 1099-R entries by clicking Review to the right of IRA, 401(k), Pension Plan Withdrawals (1099-R) in the Federal Wages & Income
2. Click on the pencil to the right of the 1099-R
3. Click Continue through the entries you've made
4. "Let's get more information about your Required Minimum Distribution (RMD), enter the amount of your distribution as your RMD that was due by December 31, 2025, Continue
5. On the next screen, "How much of this distribution applied to your December 31, 2025 RMD?", select "The entire distribution applied...", Continue
6. When you reach, "Review your 1099-R summary, Continue (not the pencil)
7. When you reach, "Let's go over any required minimum distributions (RMD), Continue (not the pencil)*

However, if you determine that you only took a partial RMD and need to request a waiver, follow these steps:

1. Go to Wages & Income in the Federal section of your tax return
2. Select Update to the right of Retirement Plans and Social Security
3. Select the pencil to the right of your Form 1099-R to edit your entries
4. When you reach, "Let's get more information about your Required Minimum Distribution (RMD)", enter the amount of your RMD ($_) that was due by December 31, 2025, Continue
5. On the next screen, "How much of this distribution applied to your December 31, 2025 RMD?", select "Some of the distribution applied...($_)", Continue
6. Next, you will be asked, "Did you take out the remaining $ during the correction window?", Select, "No, I did not", Continue
7. When you reach, "Review your 1099-R summary, Continue (not the pencil)
8. When you reach, "Let's go over any required minimum distributions (RMD), Select the pencil
9. Next, you will see, "Did you miss taking the...RMD...?", Select Yes, Continue
10. Enter the amount of the RMD (that you should have taken) when you reach, "Tell us the Total RMD...", Continue
11. Select "No", when asked, "Did you take a corrective distribution...?", Continue
12. Do you want to request a waiver, select, "Yes", Continue
13. Next, enter the amount of your RMD for which you are requesting the waiver ($_), Continue
14. Next, enter an explanation such as, "I mistakenly did not take my full RMD due to an administrative error. Upon discovering the error in January 2026, I immediately withdrew the remaining balance of $_. I have now set up an automatic withdrawal to ensure this does not happen again." then Continue
15. When you reach, "Let's go over any required minimum distributions (RMD), Continue (not the pencil)