Background: My husband has a Traditional IRA and a Solo 401k with an investment firm. He had been receiving RMD (Required Minimum Distribution) from those two for several years from that investment firm.
In 2023, my husband rolled over his Solo-401k to that Traditional IRA in October, 2023. Typically, he received RMD for a given year in December of that year. But this year, the investment firm made a mistake and sent RMD only for the Traditional IRA (that excluded the rollover amount from Solo 401k) and when we brought that to their attention, they sent us a check for the Solo 401k portion of RMD as Excess Contribution Withdrawal.
My Question to TurboTax / Community:
a. Where do I report this excess contribution withdrawal - i.e., what section of TurboTax 2023 app and what question do I need to answer?
b. In TurboTax 2023, it is asking, if he withdrew all of RMD for 2023 or only partial RMD etc. What should I answer to this question?
Thanks in advance for your guidance,
