AmyC
Expert Alumni

Get your taxes done using TurboTax

If you took your full RMD, you do not have a penalty and your answers should be like one of these scenarios:

 

Scenario 1

IRA trad $800 distribution, RMD is $800 and all of went to distribution - taxes are right

 

Scenario 2

Same TIRA $800 distribution - RMD is $600 and not all went to RMD but $600 did - taxes are right

 

Issue:

Error if you say yes it all went to RMD but the RMD was smaller, must say no and enter amount

 

You can enter zero for the RMD or make up a number, just be sure the numbers match for the RMD amount.

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