To confirm you took the RMD from both institutions and you have two Form 1099-Rs? If yes then please follow these steps:
- Click on "Search" on the top right and type “1099-R”
- Click on “Jump to 1099-R” and enter the first 1099-R
- On the "Required Minimum Distribution" screen enter RMD for this account (allocate RMD)
- On the "How much of This Distribution Applied to your December 31, 2024 RMD" select "The entire distribution applied…" / or select "Some of this distribution…" and enter the RMD amount
- On the "Required Minimum Distribution" screen enter RMD for this account (allocated RMD)
- On the "How much of This Distribution Applied to your December 31, 2024 RMD" select "The entire distribution applied…" / or select "Some of this distribution…" and enter the RMD amount
- On the "Your 1099-R Entries" screen add the second 1099-R
- On the "Your 1099-R Entries" screen click "Continue"
- On the "Did You Miss a Required Distribution From Any Retirement Accounts?" screen select "None of these plans failed to withdraw the RMD" if you met all of your RMD for 2024.
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