I turned 73 in 2024 so had to take RMD of ~60000. I have withdrawn 25000 and plan to take the remaining before April 31, 2025 (as I have this grace period for the first year). Now based on the 1099-R for 25000 Turbotax is asking me to indicate the total RMD requirement for 2024 which is 60000. AN it's trying to assess penalty because I have not completely met the RMD requirements for 2024. But IRS allows me to take the remaining amount by April 31, 2025 so why should Turbotax assess penalty for me for this?
