Not sure RMD year 1099

I have never had a participant defer the first distribution previously.

Participant turned 73 in 2024, deferring first RMD until 4/1/25.

4/1/25 based on 2023 account balance; 12/31/25 based on 12/31/24 account balance.

Which year does he get the 1099R for, 2024 or 2025?

Age for 4/1/25 distriubtion would be age in 2024?

1099 is for the year in which the distribution occurs. He’ll get two distributions in 2025. One or two 1099s depending on how y’all produce them. Age used for the 2024 RMD paid by 4/1/25 is the 2024 age. 

Thanks, would not the April be based on the 12/31/23 account balance, yet age in 2025;and the second distriubtion due by 12/31/25 based on account value at 12/31/24 at age

in 2025 as well?

The participant turned age 73 in 2024.  The amount of the RMD for 2024 is based on the 12/31/2023 account balance using the RMD factor for age 73.  The Required Beginning Date RBD for this RMD is 4/1/2025.

The participant turns age 74 in 2025.  The amount of the RMD for 2025 is based on the 12/31/2024 account balance using the RMD factor for age 74.  The RBD for this RMD is 12/31/2025.