Get your taxes done using TurboTax

Some more info.  IRA and 401K are separate and have different rules.  For IRA accounts you need to figure the RMD from each account but you can take the total RMD out from just 1 account or spread it around from other IRA accounts.  And as said above you can only take a QCD from IRA accounts (not 401k).

 

For 401k accounts you need to take out the RMD from each 401k.  IRA accounts go on 1040 line 4 and 401k go on line 5.  Here is IRS pub 590b about taking distributions.

https://www.irs.gov/pub/irs-pdf/p590b.pdf 

 

You will get a 1099R  for each account IRA & 401k distributions.  They get entered in the same place.  The IRA accounts will have a X in a little box between boxes 7&8 to tell it that it is from an  IRA.    Here is a 1099R

https://www.irs.gov/pub/irs-pdf/f1099r.pdf 

 

Since you have the Desktop program you can copy your return to test and practice in.  Go up to File-Duplicate on Mac and give it another name.    Don't mess around in your real return.   Oh you can still buy Deluxe.  All the Desktop programs have all the same forms.  You just get more help in the higher versions.    

 

Enter a 1099R under
Federal Taxes
Wages & Income
Then scroll way down to Retirement Plans and Social Security
Then IRA, 401(k), Pension Plan Withdrawals (1099-R) – Click Start
If you are adding another 1099R there might be a Add button at the bottom of the list.