Correct RMD

[GAM51]

I took my required RMD, but didn’t report it properly. I inadvertently reported “0” when asked how much of the distribution was RMD. How do I correct it? 

[fanfare]

You don't have to correct that.

Due to issues with TurboTax,

 before filing check to see that TurboTax did not wrongly assign a penalty on form 5329

@GAM51 

[JohnB5677]

Have you already filled your tax return.

• The penalty is posted to Schedule 2 line 8.
• This is an attachment to your 1040.

If you've filled, check your printed tax return.

If you have desktop, check in the FORMS mode.

If you are online

From the left sidebar

1. Select Tax tools

• You may have to minimize both the Federal and State options by clicking the Down Arrows on the Sidebar.
• You will then clearly see Tax Tools
• Click the arrow to up to see additional options

1. Click Tools
2. A Menu will pop up
3. Select View tax summary
4. On the left panel click Preview my 1040
5. Scroll down past Schedule 1 to Schedule 2

If needed you can amend your tax return

How do I amend my federal tax return for a prior year?