RMD

[user17711399695]

I have turned 73 in 2025 and am now required to take RMD's. Why does Turbo Tax instruct you to NOT report a first time  RMD required to be taken by April 1, 2026 BUT taken in 2025 for which taxes were paid? Prior answers indicate that on 2026 there will be two RMD's to report.

Will this increase my MAGI for 2026?  Will I be subjected to tax on the RMD taken in 2025 for which I have already reported on the 2025 return and been taxed on?

[Opus 17]

Can you post a screenshot of where you are seeing that advice?

While you are allowed a grace period and can choose to take your first RMD in 2026, you can certainly take it in 2025, and you should report it when you take it (you will get a 1099-R for 2025 showing any withdrawals.)

[user17711399695]

Here is the text in TurboTax Deluxe with the instruction to NOT report a first time RMD in the year it is taken in the wages and income section. (My embolden and italics.)

Let's get more information about your Required Minimum Distribution (RMD).

If your VANGUARD FIDUCIARY TRUST account was subject to a Required Minimum Distribution (RMD) we need to know the amount that was required to be distributed by December 31, 2025 from this FIDUCIARY TRUST account.

Do not include RMDs which are due on April 1. RMDs for the first year you're required to take a distribution are generally due on April 1.

RMD due by Dec. 31, 2025

Note: Do not include the RMD for other retirement accounts you may have. RMDs for other accounts should be entered separately.

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