jpstultz
New Member

Retirement tax questions

I had an issue with treating an IRA withdrawal as RMD caused when I incorrectly indicated that part of my withdrawal was RMD.  When I did that, just deleting the 1099 would not fix the issue.  I kept getting the "excess IRA contribution" penalty warning. I also had a screen that wanted to know the total of my IRA account as of 12/31/2020.  I have been making RMD's for 8 years and have never had that question.

 

The ONLY way I resolved the issue was to totally delete everything and start all over.  there was a programming switch that was turned on by one of my answers at some point and total deletion of all data was the only way to turn that switch off.