I HAVE NOT EXPERIENCED THIS ISSUE WITH BLANKET CHARACTERIZATION OF ACCOUNTS SUBJECT TO RMD AS AN ACROSS THE BOARD FINDING. NOT SURE HOW THIS HAPPENS TO YOU OR WHAT MAY HAVE PROPMPTED IT, BUT YOU CAN OVERRIDE WHATEVER NUMBER TURBO MIGHT SUGGEST (IF THEY EVEN DO SUGGEST ONE)
JUST SAY YES FOR ALL, BUT DO YOUR OWN CALC FOR RMD. YOU'LL NEED TWO BITS OF INFO...TOTAL VALUE OF ALL IRA ACCOUNTS IN YOUR NAME AS OF 12/31/2021 (FOR TAX YEAR 2022) , AND THE NUMBERS OF YEARS OF YOUR LIFE EXPECTANCY (LE) , FROM THE IRS TAX TABLE FOR RMD. DIVIDING THE AGGREGATE AMOUNT OF IRA ACCOUNTS BY THAT NUMBER FROM LIFE EXPECTANCY TABLE WILL YIELD YOUR RMD
TURBO TAX ASSUMES ALL 1099-R INCOME IS SUBJECT TO RMD, EVEN ANNUITIES OUTSIDE OF QUALIFIED PLANS, SO YOU HAVE TO BE A BIT MORE ON THE BALL. THE CALCULATION IS ANNUAL, AND SINCE YOUR LE CHANGES AND LIKELY YOUR ACCOUNT BALANCES AS WELL, YOUR RMD WILL CHANGE ANNUALLY.
