- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
RMD withdrawal generating form 5329 by mistake
I received 4 different 1099-R forms to cover my total RMD for the year. I withdrew more than required on some accounts and less than required on others. The total amount withdrawn covered the RMD owed. Turbo Tax only listed amounts for 2 of the accounts on form 5329. When entering the data on the 4 1099-R I was careful to enter the RMD amount for that individual account only, and specify that all the funds withdrawn were going towards RMD. I tried to manually enter the missing info on form 5329 (lines 52 & 53) but that didn't fix the problem. Any suggestions?
‎February 9, 2025
11:52 AM