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Retirement tax questions
Turbo Tax has answered this: they are working on fixing their error.
Meanwhile the work around is to enter the distribution amount as the as the RMD. Doing that corrects the tax calculation, as long as you have fulfilled your RMD total.
- In order to verify whether you've taken enough out, they would need to ask for all of your RMD requirements from all accounts, whether or not you took distributions from all. Then they would need to total all requirements and all your distributions, and compare the results.
‎February 10, 2025
4:31 PM