ThomasM125
Expert Alumni

Retirement tax questions

You can only report an IRA distribution in the online version of TurboTax. The distribution would be reported on form 1099-R.

 

If you made the proper RMD amount based on your investment in both funds, then you don't need to do anything further.

 

If you didn't take enough RMD, then you need to file form 5329, Part IX to report that. You can find that form in the desktop version of TurboTax. 

 

You should call your fund managers and ask them to help you determine what your RMD is.

 

 

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