topic If 2024 is first year for your rmd and you are taking your first rmd in 2025, do you answer yes or no to the turbo-tax question about have you taken your 2024 rmd? in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/if-2024-is-first-year-for-your-rmd-and-you-are-taking-your-first-rmd-in-2025-do-you-answer-yes-or-no/01/3471395#M232483 How do you answer the turbo-tax question about your 2024 rmd if you are taking your first rmd in 2025 because 2024 was your first year for rmd? Tue, 03 Feb 2026 12:09:04 GMT memrdowning 2026-02-03T12:09:04Z If 2024 is first year for your rmd and you are taking your first rmd in 2025, do you answer yes or no to the turbo-tax question about have you taken your 2024 rmd? https://ttlc.intuit.com/community/retirement/discussion/if-2024-is-first-year-for-your-rmd-and-you-are-taking-your-first-rmd-in-2025-do-you-answer-yes-or-no/01/3471395#M232483 How do you answer the turbo-tax question about your 2024 rmd if you are taking your first rmd in 2025 because 2024 was your first year for rmd? Tue, 03 Feb 2026 12:09:04 GMT https://ttlc.intuit.com/community/retirement/discussion/if-2024-is-first-year-for-your-rmd-and-you-are-taking-your-first-rmd-in-2025-do-you-answer-yes-or-no/01/3471395#M232483 memrdowning 2026-02-03T12:09:04Z Re: If 2024 is first year for your rmd and you are taking your first rmd in 2025, do you answer y... https://ttlc.intuit.com/community/retirement/discussion/re-if-2024-is-first-year-for-your-rmd-and-you-are-taking-your-first-rmd-in-2025-do-you-answer-y/01/3499045#M235478 <P><SPAN style="font-size:14px;">If you didn't receive your RMD until after the end of the tax year, you would answer "No" to the RMD question.</SPAN></P> Thu, 20 Feb 2025 00:59:26 GMT https://ttlc.intuit.com/community/retirement/discussion/re-if-2024-is-first-year-for-your-rmd-and-you-are-taking-your-first-rmd-in-2025-do-you-answer-y/01/3499045#M235478 PatriciaV 2025-02-20T00:59:26Z Re: If 2024 is first year for your rmd and you are taking your first rmd in 2025, do you answer y... https://ttlc.intuit.com/community/retirement/discussion/re-if-2024-is-first-year-for-your-rmd-and-you-are-taking-your-first-rmd-in-2025-do-you-answer-y/01/3499632#M235529 <P>If you answer NO, TurboTax will penalize you.&nbsp;</P><P>for this reason, take the other option.</P><P>&nbsp;</P><P><a href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/5685560">@memrdowning</a>&nbsp;</P> Thu, 20 Feb 2025 06:24:49 GMT https://ttlc.intuit.com/community/retirement/discussion/re-if-2024-is-first-year-for-your-rmd-and-you-are-taking-your-first-rmd-in-2025-do-you-answer-y/01/3499632#M235529 fanfare 2025-02-20T06:24:49Z