Thank you for your quick analysis and reply. My bank has had a hard time as this is their first ever RMD distribution to anyone. It appears then that they have made an error when using the "R" Distribution Code on the 2020 1099-R form and this led Turbo Tax to require the filing of an amended 2019 return. I have filled out the amendment and it shows no net change but it may not be necessary to file this amended 2019 return at all.
- Would you say that the 2020 1099-R form, as it stands now, does not belong in my 2020 return until it has been corrected by the bank?
- Any suggestion as to what the corrected form would contain?
