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Program shows required mandatory distribution not meet. Fidelity says all monies were disbursed to me. Who is incorrect?

 
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ThomasM125
Employee Tax Expert

Program shows required mandatory distribution not meet. Fidelity says all monies were disbursed to me. Who is incorrect?

Fidelity is correct assuming they distributed all of your required minimum distribution (RMD) monies to you. You need to go back and review your Form 1099-R entries. You will see a screen that says Required Minimum Distribution (RMD), on that screen enter for the RMD an amount that is equal to or less than what your distribution listed in box 1 of your Form 1099-R was, assuming that was true:

 

 

On the screen that says How Much of This Distribution Applied to your December 31, 2024 RMD? indicate that the entire distribution did, if that was true:

 

 

 

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