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RMD
My MIL has a 1099R form for a mandatory distribution (RMD) for the year. Code 7 simple IRA. Turbo tax wants to know how much of distribution is RMD. If I put in the full amount her refund goes from 3,000 to zero. Why? It never did in prior years. Also this is the only 1099R she has received. TTax never used to ask this before.
2 weeks ago