Part of 2025 RMD was deposited in 01/2026

[Mummy3933]

My 2025 RMD came from 2 separate accounts, as was determined by my financial advisor. One check (~$12K) was deposited in 12/2025. The other check (~$9K) was not deposited until 01/2026. 

But... my 1099-Rs for 2025 add up to the correct amount for total RMD due before 12/31/25, so it looks as if I received all my RMD.

What, if anything, do I need to do with all this for my 2025 tax return?

Thank you!

[ReneV4]

Yes. You would only report that you took a partial RMD of $12,000 by the December 31, 2025 deadline and would like to request a waiver via Form 5329 for the portion that was missed. In TurboTax, do the following:

1. Go to Wages & Income in the Federal section of your tax return
2. Select Update to the right of Retirement Plans and Social Security
3. Select the pencil to the right of your Form 1099-R to edit your entries
4. When you reach, "Let's get more information about your Required Minimum Distribution (RMD)", enter the amount of your RMD ($21,000) that was due by December 31, 2025, Continue
5. On the next screen, "How much of this distribution applied to your December 31, 2025 RMD?", select "Some of the distribution applied...($12,000)", Continue
6. Next, you will be asked, "Did you take out the remaining $ during the correction window?", Select, "No, I did not", Continue
7. When you reach, "Review your 1099-R summary, Continue (not the pencil)
8. When you reach, "Let's go over any required minimum distributions (RMD), Select the pencil
9. Next, you will see, "Did you miss taking the...RMD...?", Select Yes, Continue
10. Enter the amount of the RMD (that you should have taken) when you reach, "Tell us the Total RMD...", Continue
11. Select "No", when asked, "Did you take a corrective distribution...?", Continue
12. Do you want to request a waiver, select, "Yes", Continue
13. Next, enter the amount of your RMD for which you are requesting the waiver ($9,000), Continue
14. Next, enter an explanation such as, "I mistakenly did not take my full RMD due to an administrative error. Upon discovering the error in January 2026, I immediately withdrew the remaining balance of $_. I have now set up an automatic withdrawal to ensure this does not happen again." then Continue
15. When you reach, "Let's go over any required minimum distributions (RMD), Continue (not the pencil)

[Mummy3933]

@ReneV4  Thank you for your response. I have two 1099-Rs. One is for $12k and the other is for $9K.  I have no problem with how to enter the 1099-R for the $12k, but I still don't understand how to enter the 1099-R for the $9K since none of that was deposited into my account until 01/2026, which I understand is in the correction window...? If you would, please clarify. I appreciate your help very much! 🙂

[ReneV4 · Accepted solution]

The physical year printed on the Form 1099-R is the guide. If the form says 2025, you must enter it on your 2025 tax return following the steps you took when entering your other 1099-R for $12,000, even if the cash arrived in January. However, if the form says 2026, you do not enter it on your 2025 tax return. You will save it for next year's taxes and follow the steps above.