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Retirement tax questions
I have two IRAs. One is an annuity paying 5262.68 annually. I toke that payment in 2020. The ammia; RMD for this annuity is $3291.28. I did not take the RMD from the second IRA. The total RMD for the two IRAs is $11032.40. My TurboTax know about the 2020 RMD, but keeps erring in the review and telling me I owe a penalty. I checked the not an RMD box and that I'm not required to take an RMD, but it stiall errors.
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‎February 10, 2021
7:23 PM