RMD From 2 different IRA's

[enuebel]

How do I record RMD taken from two different accounts

[Bsch4477]

You will receive a 1099-R from each account. Enter each one and when asked say all is RMD. 

[enuebel]

The problem is it didn't ask me on the second one. When I put in the required total at the end of the first 1099-R it says I had a short fall and did I take it. I said yes but it still doesn't count the second 1099-R as an RMD and issues a penalty .

[dmertz]

TurboTax developers made a mess of this.

If you satisfied all RMDs correctly and timely, when entering the Forms 1099-R make sure to enter as the required amount, when asked, no more than the gross-distribution amount of the particular Form 1099-R that you are entering.  This will prevent TurboTax from inappropriately preparing Form 5329 Part IX.

[pkm1]

Can you simply add the 1099 R's from each account and enter it like that? I wish TT asked where else did you take RMD from rather than going to enter required RMD amount. Not an optimal algorithm.

[VolvoGirl]

No you have to enter each  1099R separately.  Then when it asks if it was the RMD  you say yes and enter just the amount of that one 1099R.  

[enuebel]

When I went back into the program it installed an update. I reentered the second 1099-R and this time it asked about the RMD. So everything is fine now.