Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
19wahegl69
New Member

Turned 70-1/2 last year and took my rmd this year before Apr 1. How do I show on my return, with no 1099-R?

 
3 Replies
VolvoGirl
Level 15

Turned 70-1/2 last year and took my rmd this year before Apr 1. How do I show on my return, with no 1099-R?

You don't.  You enter it on your 2019 return next year.  Be sure to also take your 2019 RMD by Dec 31.  So you will have 2 RMD.
Hal_Al
Level 15

Turned 70-1/2 last year and took my rmd this year before Apr 1. How do I show on my return, with no 1099-R?

Since you waited til 2019 to do a withdrawal, your 2018 RMD will be taxable in 2019. You do not have the option of declaring it taxable in 2018.
There is no where on the tax forms that you tell the IRS that you met the 2018 RMD requirement. Keep good records in the (unlikely) case that you get an IRS inquiry letter.
SweetieJean
Level 15

Turned 70-1/2 last year and took my rmd this year before Apr 1. How do I show on my return, with no 1099-R?

Answered in comments.

Dynamic AdsDynamic Ads
Privacy Settings
v