@Jack1240 wrote:
Did all that but after Federal Review at end of Turbo Tax it says I have to fill out form 5329. What tat all about?
I tool 41,000 RMD was 43,000 say I have to ask for a waiver on form 5329 for the $2000 I didn't take. I answered None of this was an RMD and Not Required to take an RMD. It still says I have to ask for waiver on form5329 like (1) a reasonable mistake and (2) how are you going to correct it. Crazy. I've deleted the entry, put it back in....it doesn't matter...keeps forcing me to fill our lines in form 5329
Then you did not answer the RMD question that "None of this distribution was a RMD", or "RMD not required", depending on the question. Delete the 1099-R and re-enter.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
