Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Mar 31, 2025 8:37:19 PM

If I own IRA accounts, each held in different firms , can the RMDs of both accounts be combined and taken out of the account with the higher account balance?

0 3 474
3 Replies
Level 15
Mar 31, 2025 8:37:53 PM

Yes

Level 15
Mar 31, 2025 8:48:10 PM

are you asking about something you plan to do or that you did do in 2024 ?

TurboTax 2024 has issues.

Level 1
Mar 31, 2025 9:21:38 PM

Yes you can, just make sure you pull out at least the minimum amount required.