No it won't. Enter box 1 of the 1099-R into TurboTax for each 1099-R you received. when asked was all or part a RMD select yes. Then, when asked how much was a RMD, select All. Turbo Tax will not then bring up the form concerning possible penalties. TurboTax does not know how much of a RMD you should be taking - when you select All, it will accept that as you having met your RMD. Just make sure you did take out the RMD in total.
