to calculate the RMD for 2022
you need your age on your birthday in 2022 to get your divisor
and your Dec 31 balance (total).
I don't know how to explain it any more clearly.
See IRS Publication 590 B for the full scoop.
If you missed the RMD enter the RMD on 2022 Form 5329 and request a waiver of penalty.
You will probably get it.
There is a penalty when the amount you removed is less then the RMD.
the penalty is on RMD - amount. That's why TurboTax asks for the numbers.
if amount is zero the penalty is 50% of RMD.
@rosm2004
