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IRA RMD

I own 2 Rollover IRA accounts held at 2 different brokerages. I will be combining the RMD withdrawal and take it out of one account. How will I report this in TT since I'll have only one 1099-R from one of brokers?

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Accepted Solutions
VolvoGirl
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

IRA RMD

After you enter the 1099R it will ask if it was the RMD.  Just say YES.  It doesn't need to know that it was the RMD for multiple accounts.  

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2 Replies

IRA RMD

Your one 1099-R will show that you satisfied the requirement.

 

@spichon 

VolvoGirl
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

IRA RMD

After you enter the 1099R it will ask if it was the RMD.  Just say YES.  It doesn't need to know that it was the RMD for multiple accounts.  

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