dmertz
Level 15

Retirement tax questions

This is by far the issue that I mentioned the most by people on this forum this year.  It's always possible to get TurboTax to produce an appropriate result on your tax return by manipulating the RMD amounts entered, but TurboTax makes it more difficult rather than making it easier.  It's the result of the developers adding the the changes to Form 5329 required by the tax-code changes in the SECURE 2.0 Act without the developers having any real understanding of the RMD regulations.