TurboTax made a change this year and broke the program.
Last year was simple: just enter each 1099-R withdrawal on field 1 for each of the Payers along with the required RMD for each. TT added them all up and if the withdrawals were more than the RMD' you're done.
This year, after you enter all the 1099-R's you're faced with a Box called "RMD Excess Accumulation Worksheet" that shows the RMD and the distribution followed by the odd question "C Did you withdraw the remaining RMD during the correction window?" This question assumes you did not withdraw enough and need to pay in the correction window. If you check "yes" when withdrawal is more than the RMD and No if it is less, it balances out. However, when you check your entries, you get an error because the correction window is not blank.
I guess manually adding up all the RMD's and putting the total on each 1099-R is a work around. But makes for pretty sloppy upgrade and creates more work as users try to divine the vague language. I quit Quicken last year and I think I'll quit Turbortax this year. They've really deteriorated. I tried calling and they had not idea what I was talking about. I can't see where any Turbotax techs are even monitoring this problem. Pathetic!!
