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Retirement tax questions
TurboTax will ask if you took all of your RMD. If you would answer no TurboTax would create Form 5329 to calculate the penalty part IX.
No, the IRS will not challenge this since they get the information to match with your tax return forms, not the summary. If you entered your Form 1099-R and answered all follow-up questions then you will be good.
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‎February 6, 2023
8:22 AM