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Turbo tax figured a penalty on an RMD distribution taken in December 2022. A check was sent to the IRS January 2023. Why would I owe a penalty of $179 dollars?
what is the penalty for an RMD distribution taken in Dec. 2022 and an estimated tax paid paid of $7500. by the fourth quarter of estimating taxes. No distribution was taking before December 2022.
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‎April 11, 2023
3:33 PM