Is the coding different for an RMD distribution vs for a Conversion? I was under the impression all distributions are on the same 1099 whether it is for an RMD or a Conversion. I would think it would be great to have a 1099 that identified the RMD with another one for the conversion, or lines in the same 1099 like a) RMD and line b) Roth conversionInteresting. I wasn't even aware that VG has RMD functionality that is different from just manually requesting one or more Traditional IRA distributions in a sufficient aggregate amount to cover the RMD, which is what I have been doing. So far, it's seemed to work okay, including proper coding on the 1099-R at tax time.
Statistics: Posted by capran — Sat Dec 23, 2023 12:37 am — Replies 11 — Views 1103