MarilynG1
Expert Alumni

Get your taxes done using TurboTax

The only way to get the RMD questions to come up in TurboTax and generate Form 5329 is to enter a 1099-R and indicate that 'did not take all RMD' .

 

You will need to enter what the required RMD amount is, and an explanation of why it was not included in the distribution. 

 

Your broker is responsible to see that you take your RMD properly every year.

 

Otherwise, you will prepare/mail Form 5329 with your tax return.

 

Click this link for more info on Form 5329. 

 

 

 

 

 

 

 

 

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