Q on entry of 2nd RMD when no 1099-R is issued

[exchecker]

We continue to be perplexed by how to enter the following RMDs are shown when there are two custodians.

Two IRA accounts.  A calculates its RMD to be $900, B calculates $9100. A total of $10,000.

Amount taken from A is $0.  The amount taken from B for that purpose (an error) is $11,000

No 1099-R is sent from A, but B indicates the withdrawal on the 1099-R of $11,000

How do we answer the questions provided in the desktop interview regarding B, the one that sent the 1099-R?  The "Required" RMD for B alone of $9100 is smaller than the actual withdrawal from the B's account. Do we show $10,000 (the actual combined calculated RMD) or $11,000 (the actual amount withdrawn)?

How does the worksheet in Form 5329, Part IX, fit into the reporting in this case?  Is this where the custodian's data goes that didn't issue a 1099-R?  If true, why isn't this mentioned during the interview process?  What's the purpose of that worksheet, and where do those numbers get reported or carried forward?

It seems that a distinction between the calculated RMD and the actual amount withdrawn would be helpful. 

Thanks for any clarification.

[VolvoGirl · Accepted solution]

Just enter the full amount of the B 1099R box 1 as the RMD.  You don't need to enter anything about or for the 
"A" IRA account.  You should not have form 5329.  

[exchecker]

Thanks. Seems to work after I did some overrides to clean out the 5329 and get it deleted.

[exchecker]

Hi. Yes, the things you suggested seemed to take care of the problem.  But perhaps the wording in the interview could be clearer, in making the distinction between what a payor "suggests" an RMD amount, and what amount is actually taken.

"Note: Do not include the RMD for other retirement accounts you may have. RMDs for other accounts should be entered separately."

We were interpreting that to mean that we should somehow find or make an entry for the amount suggested by the 2nd custodian amount even though no money was withdrawn from them.

We appreciate the assistance.