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Roe_73
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How to enter RMD amt taken out from IRA #1, but additionally a sum was also taken out for an IRA #2 from IRA #1- how to enter it? Do I add IRA #1's and IRA #2's RMD amounts TOGETHER because they were BOTH withdrawn from only IRA #1?

I entered the RMD amount from a 1099-R for just a Trad IRA #1.   But that might be wrong.   I ALSO took out from IRA #1 an additional amt to satisfy an RMD from an IRA #2 - which is legit - that amt was used for a QCD which isn't taxed when taken out of an IRA to satisfy an RMD.  Of course, I did not receive a 1099-R from IRA #2 because NO MONEY was taken out it.   Like I said, to satisfy IRA #2's RMD, I took its RMD $ out of IRA #1's funds AND-AND-AND I USED that money satisfying IRA #2's RMD for a QCD.  Those QCD funds were directly distributed to the charity by the insurance company holding my IRA #1.  I never received that QCD money myself - it went directly to the charity.   Do I enter the RMD amount for JUST IRA#1, or do I include IRA #2's RMD amount on that line that was ALSO taken out of IRA#1.  I did answer the question properly about any money taken out of IRA #1's distribution that went for a QCD.  So what do I do on the line that asks how much of the total withdrawal/distribution from IRA #1's 1099-R was RMD $$  ?!?   Just from IRA#1 or from BOTH IRA #1 and IRA #2?

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How to enter RMD amt taken out from IRA #1, but additionally a sum was also taken out for an IRA #2 from IRA #1- how to enter it? Do I add IRA #1's and IRA #2's RMD amounts TOGETHER because they were BOTH withdrawn from only IRA #1?

You enter all 1099-R forms that you received.

 

For tax purposes you only have ONE Traditional IRA that is the aggregate total of all IRA accounts.  Your 2019 yearly RMD amount is based on the total value if all IRA accounts as of Dec 31, 2018, however, each account custodian will calculate the RMD only for the account that they hold.

 

You can take the total yearly RMD amount from ANY one, or several accounts as long as the yearly total amount is taken.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
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