rmds

[macblasiak]

I have three IRAs and only took out money from two of them.  I don't seem to be able to use the software to enter my info.  The only fix seems to be a work around that someone suggested on the help forum.  This is a common thing for retirees.  I would hope that Intuit has a fix.  Soon.  Like by tomorrow!

I also made charitable contributions from one of my IRAs to satisfy my RMD.  I didn't get a 1099 R from my broker for those donations and I don't know where to show the IRS on the forms that I satisfied my RMD.

[DanaB27]

You should have received a Form 1099-R for the IRA where you made the charitable donation.

Please follow these steps:

1. Click on "Search" on the top right and type “1099-R”
2. Click on “Jump to 1099-R” and enter your 1099-R where you made the charitable contribution
3. On the "Required Minimum Distribution" screen enter RMD for this account 
4. On the "How much of This Distribution Applied to your December 31, 2024 RMD" screen select "The entire distribution applied…"  / or select "Some of this distribution…" and enter the RMD amount (if this distribution includes RMD for other IRA accounts then you included the amount here)
5. Answer the "Transfer to Charity Screen"
6. On the "Your 1099-R Entries" screen add the second Form 1099-R
7. Answer the RMD questions
8. On the "Your 1099-R Entries" screen click "Continue"
9. On the "Did You Miss a Required Distribution From Any Retirement Accounts?" screen select "An IRA..."
10. On the "Total RMD for all other IRAs" screen enter the RMD from your other IRAs (where you didn't take a distribution from).

Please see Can an account owner just take a RMD from one account for additional information.