Retirement tax questions
TurboTax asks about the RMD simply as a precautionary question. Many taxpayers are unaware of the RMD requirements and end up paying the 50% excise tax. You probably are seeing the following screen as you go through the questions:
In addition to the above screen, if there was only a partial RMD or no RMD from that particular distribution the following screen will also appear as you go through the questions. These questions, please remember, are only cautionary and to assist all in avoiding unnecessary penalties.
