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RMD Problems with Turbo Tax
I had a huge issue with RMD and how to post with Turbo Tax, I spent hours trying to answers the questions correctly and try to get it to add up in the end. Several accounts with RMD and one account that we are required to take a distribution but they investment doesn't give us an amount we have to do the math ourselves. The software and the questions are confusing. There should be an area where you post the total RMD you are required to take for the year on all your retirements accounts. Also a way to show where you took this money from whether it's more or less than the distribution required in that account. I started using turbo tax last year, but I don't see future purchases. What I have now according to turbo tax could be filed electronically but it isn't really the accurate picture. OUR RMD is more than what it shows. Huge Problem