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Level 1
posted Apr 12, 2023 1:16:11 PM

My sisters and I received equal portions of my deceased fathers IRA RMD. I'm entering the 1095-r how do I answer the question "Did I receive all the RMD?

I didn't all of the RMD because it was split 3 ways, but if I say no will I have to pay taxes and penalties on the full amount?

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1 Best answer
Expert Alumni
Apr 12, 2023 1:26:44 PM

If the full RMD was divided among the 3 siblings. you should reply YES to this question.

1 Replies
Expert Alumni
Apr 12, 2023 1:26:44 PM

If the full RMD was divided among the 3 siblings. you should reply YES to this question.