JohnB5677
Expert Alumni

Retirement tax questions

There may be several reasons for this error:

It's unlikely, but check the entry of your birthday in the My Info section of your return.

 

Please delete the 1099-R and re-enter it.
 

  • In the entry portion for the 1099-R be sure that
    • Distribution Code should be 7.
    • Confirm this on your 1099-R form
    • This is the most likely issue.
    • See below for a screen shot

 

  • In the questions that come up after entering the form, you will see:
    • Let's get more information about your Required Minimum Distribution (RMD).
    • Be sure this number is not greater than the RMD amount

 

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