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RMD Shortfall for 2025
My financial advisor made a mistake and did not distribute the minimum RMD by December 31, 2025. There was a 10% shortfall. This was corrected on January 27th and a form 5329 has already been sent to the IRS with a letter requesting the waiver. Since this was already addressed and the IRS notified separate from Turbotax, do I answer the question about RMD distribution in Turbotax as if the full minimum distribution was satisfied? If I answer otherwise, it would be duplicating the already submitted form.
4 weeks ago