Are RMDs taken out inm February 2018 based on IRAs from 2017 declared as income in the 2018 tax year which we are currently filling out?

posted

Connect with an expert

1 Best answer

Accepted Solutions

Are RMDs taken out inm February 2018 based on IRAs from 2017 declared as income in the 2018 tax year which we are currently filling out?

Yes that is true. You will get a 1099R for it. Was that your first RMD? When did you turn 70 1/2? Your first RMD can be delayed until April of the next year. So if that was for your 2017 RMD you also needed to take the 2018 by Dec 31, 2018.

View solution in original post

1 Reply

Are RMDs taken out inm February 2018 based on IRAs from 2017 declared as income in the 2018 tax year which we are currently filling out?

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post

Expert does your taxes

Do it yourself

Resources

Support

Are RMDs taken out inm February 2018 based on IRAs from 2017 declared as income in the 2018 tax year which we are currently filling out?

Are RMDs taken out inm February 2018 based on IRAs from 2017 declared as income in the 2018 tax year which we are currently filling out?

Are RMDs taken out inm February 2018 based on IRAs from 2017 declared as income in the 2018 tax year which we are currently filling out?

Unlock tailored help options in your account.

Get more help

Do you have a TurboTax Online account?

Are RMDs taken out inm February 2018 based on IRAs from 2017 declared as income in the 2018 tax year which we are currently filling out?

Do you have an Intuit account?

Are RMDs taken out inm February 2018 based on IRAs from 2017 declared as income in the 2018 tax year which we are currently filling out?

Are RMDs taken out inm February 2018 based on IRAs from 2017 declared as income in the 2018 tax year which we are currently filling out?

Unlock tailored help options in your account.

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert