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dougaloo
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I reached age 70-1/2 in 2017, but I did not take my RMD until January 2018. Do I report this income on my 2018 return?

 
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I reached age 70-1/2 in 2017, but I did not take my RMD until January 2018. Do I report this income on my 2018 return?

Yes it will go on your 2018 return next year.  Don’t forget to take your 2018 RMD by Dec 31.  So in 2018 you will have 2 rmd to report.

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I reached age 70-1/2 in 2017, but I did not take my RMD until January 2018. Do I report this income on my 2018 return?

Yes it will go on your 2018 return next year.  Don’t forget to take your 2018 RMD by Dec 31.  So in 2018 you will have 2 rmd to report.

dougaloo
New Member

I reached age 70-1/2 in 2017, but I did not take my RMD until January 2018. Do I report this income on my 2018 return?

Thank you, VolvoGirl!
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