As the 3/16/2025 TT version is still requiring users to enter the RMD amount for each IRA’s. An error is triggered if the user’s 1099 amounts entered doe not match each RMD. TT should be asking for the total ( gross ) RMD across all IRA’s. As long as the 1099’s are equal or greater than the gross RMD, TT should not return an error.
Example::
IRA #1: RMD1= 10,000. 1099 amt1=15,000
IRA #2: RMD2= 8,000, 1099 amt2=3,000
What’s done with the example should be perfectly acceptable. Would it be a a good workaround if we enter RMD1 as 15,000 and RMD2 as 3,000.. This will be accepted by TT without the RMD error and still satisfies the Gross RMD requirement.
