Fidelity sent a separate 1099R for each transaction.
Now that TurboTax has made an update to these screens, I am not getting the correct refund amount and I’m also not sure how to answer this question for each 1099R.
So I guess I’m asking if anyone knows on which 1099R I should put the RMD amount.
This is what the screen looks like:
Let's get more information about your Required Minimum Distribution (RMD).
Live tax advice
We still need some required info.
If your FIDELITY INVESTMENTS INSTITUTIONAL OPERATIONS CO. account was subject to a Required Minimum Distribution (RMD), we need to know the amount that was required to be distributed by December 31, 2024 from this FIDELITY INVESTMENTS INSTITUTIONAL
OPERATIONS CO. account.
Do not include RMDs which are due on April 1. RMDs for the first year you're required to take a distribution are generally due on April 1.
RMD due by Dec. 31, 2024
$
Needs info
Note: Do not include the RMD for other retirement accounts you may have. RMDs for other accounts should be entered separately.
