topic Reporting of 2024 1st year RMD that is withdrawn Q!, 2025 in Retirement tax questions

Reporting of 2024 1st year RMD that is withdrawn Q!, 2025

markrehert — Tue, 24 Mar 2026 18:10:15 GMT

For the 2025 1099R, Turbotax only wants the amount of the 2025 RMD. How is the 2024 RMD owed and paid reported.

Re: Reporting of 2024 1st year RMD that is withdrawn Q!, 2025

DoninGA — Tue, 24 Mar 2026 18:12:00 GMT

The 2024 Form 1099-R has to be entered on a 2024 tax return. You will have to amend the 2024 tax return that was filed to enter the 1099-R.

See this TurboTax support FAQ for amending a prior year tax return - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-change-correct-return-already-filed/L4VjJ9BA2_US_en_US?uid=ld1n99kr

Re: Reporting of 2024 1st year RMD that is withdrawn Q!, 2025

VolvoGirl — Tue, 24 Mar 2026 18:12:52 GMT

Is the 2024 RMD included in the 1099R box 1 you got? Or did you get two 1099R forms? Enter the full amount from the 1099R box 1 as the RMD.

Re: Reporting of 2024 1st year RMD that is withdrawn Q!, 2025

markrehert — Tue, 24 Mar 2026 18:36:07 GMT

The RMD in question was for a 401K. No distribution occurred in 2024 (the first year of the RMD) so no 1099R was issued in 2024. box 1 of the 2025 1099R includes the sum of the RMD amounts for 2024 and 2025. Will the IRS just look at the amount for 2025 and figure out that it also covers 2024?

Thanks,

Mark

Re: Reporting of 2024 1st year RMD that is withdrawn Q!, 2025

VolvoGirl — Sat, 28 Mar 2026 01:16:10 GMT

Yes. The IRS doesn't need to know part is for 2024 since you had until April 1, 2025 to take the first RMD.