Thanks for your response but that's not the issue, or the answer - of course for each 1099-R only the gross distribution in Box 1 of that 1099-R is being entered.
The issue is that for IRAs, TTax should be summing the distributions from ALL the 1099-Rs and comparing that to the sum of ALL required RMDs for each account before deciding whether the requirements have been met, and only then calculating the tax owed if there is a deficit.
Unfortunately, TTax is comparing the distribution from each 10-99 against the RMD for each one and deciding on a 1099-R by 1099-R basis whether there is a deficit.
This is from TTax's own help info..."IRA accounts (except inherited IRA accounts)
For IRA accounts, start by adding up the RMD for each account. (Your account administrator should provide the RMD amount for you.) Then add up the qualified distributions taken from all accounts. As long as the TOTAL qualified distributions from all IRA accounts meets or exceeds the TOTAL RMD for all IRA accounts combined, then you've met the RMD requirements for your IRA accounts."
I'm quite sure this much be impacting a lot of seniors. I hope they get a fix sooner rather than later.
