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RMD Question Confusion
For my 2024 RMD requirement, I took two distributions from two separate accounts. The total of the two disbursements meets my 2024 RMD requirement. However when I enter each 1099-R information into TurboTax I indicate that each separate transaction does not meet the total amount due. This causes a window to come up asking if I met my obligation during the "correction window". As I understand it, the correction window does not apply. If I check yes, the tax amount increases by a significant amount. If I check no, the tax amount is huge. I do not understand how this handled in TurboTax. How do I indicate that I met the RMD total requirement and that the correction window does not apply and therefore no penalties are to be assessed? Help!!!