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Retirement tax questions
@Jeff44 wrote:
This answer provides the details of The Secure Act that changed rules for the Required Minimum Distribution.
However, as I work on my IRA reporting, I see that TurboTax is trying to make me report on a RMD that did not take place due to the changes in tax law under the Secure Act.
TurboTax needs to update the treatment of RMD's for 2020!
Thanks for your attention to this change.
Just answer "no". Since no RMD was required, you did not have to take one, so just answer "no".
‎April 9, 2021
8:22 AM