@dirlink wrote:
I just deleted the 1099R, let TurboTax reimport from my brokerage.
Program hardly asked me any questions at all, accepted the RMD amount and increased my taxes due by several thousand dollars.
Please, I need step by step instructions on how to get this entered correctly so that I do not send in an error ridden tax return showing thousands of $$$ in taxes due when I do not owe any at all.
Do I need to start a new return?
Delete the 1099-R and re-enter MANUALLY.
Answer the RMD question that "None of this distribution was a RMD" or RMD not required". The you should get the "Moved money" question - answer YES.
**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.**
