topic RMD in Deductions & credits

RMD

RG7500 — Mon, 09 Mar 2026 06:50:21 GMT

My wife and I both have mutual fund and precious metal IRAs. I have excess distributions from my mutual fund to cover my precious metal RMD. Can I also cover my wife's precious metal RMD with may mutual fund excess distribution?

Re: RMD

MinhT1 — Mon, 28 Mar 2022 18:31:05 GMT

No.

Even if you filed your tax return jointly. IRA accounts are owned individually and each individual has to satisfy their own RMD obligation.

Re: RMD

bosso3 — Mon, 28 Mar 2022 18:40:30 GMT

IRAs are Individual Retirement Arrangements. Thus if you have a multiple IRAs, your Required Minimum Distribution is the sum of the RMDs for all your IRA accounts. You can take your distributions from one or more of your IRA accounts as long as the total distributions meet or exceed the total of each account's RMD.

Your wife's IRAs are hers, and the same rules as above apply to her and her IRA distribution.

You can not apply your IRA distribution to her and she can not apply her's to you.

For more info, refer to https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-required-minimum-distributions-rmds

I hope this helps.

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