jayw2001
New Member

Why does TurboTax ask what portion of each IRA Distribution goes to my RMD?

While filling out my 1099-R forms, for each of my 1099-R IRA distributions, TurboTax asks me "how much of this IRA Distribution goes towards my RMD?" WHY does TurboTax need to know this? Doesn't the IRS only need to know that my TOTAL IRA distributions from all of my IRA accounts in any given year is at least equal to or greater than my RMD amount for that year?