rmd not required for 2024

Val121 · ‎February 7, 2025

Why is Turbo Tax asking me if I took RMD for 2024 since it isn't required until 2025.

AmyC · ‎February 13, 2025

I am going to assume you turned 73 in 2024. You could take a distribution in 2024 or 2 in 2025.

You generally must start taking withdrawals from your traditional IRA, SEP IRA, SIMPLE IRA, and retirement plan accounts when you reach age 73.

If you reach age 73 in 2024:

Your first RMD is due by April 1, 2025, based on your account balance on December 31, 2023, and
Your second RMD is due by December 31, 2025, based on your account balance on December 31, 2024.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Do you have an Intuit account?