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Get your taxes done using TurboTax
TurboTax currently has a bug that is being investigated regarding Forms 1099-R with codes 4 and D or 7 and D in box 7. TurboTax should not be asking anything about RMDs when code D is present because nonqualified annuities are not subject to RMDs. No matter which answer you select, TurboTax will later flag an error for your selection because neither can apply when code D is present. There only workarounds currently available are to make a correction in forms mod of the download version of TurboTax or print and mail your tax return.
March 8, 2025
6:17 AM