Personal Finance (Not Investing) • Where to lookup estimated payment made with rmd

I downloaded my husband's 1099-R from Vanguard yesterday as well. OP, try logging in to your Vanguard account to see if your 1099-R is available.

Thanks. I received an email recently indicating mine could be picked up at Vanguard.
I was simply wondering if the actual payment, arranged to go to the IRS from Vanguard at RMD time, would arrive at the IRS by a date that means you avoid under-withholding penalties for the 2024 tax year. AsYouWish clarified that for me. It was never about the 1099R, it was about keeping the IRS from assessing penalties.

I suggested downloading your 2024 1099-R from Vanguard and checking the numbers to put your mind at ease. The amount of withholding on the 1099-R is the amount that counts towards avoiding under-withholding penalties for the 2024 tax year. If it matches what you were expecting, you're good.

I'll be withdrawing my husband's first RMD this year, so I do understand wanting to double check that everything went according to plan.

Statistics: Posted by Chip Munk — Tue Jan 14, 2025 6:01 pm — Replies 18 — Views 737

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