"dan_in_MI," you are correct about form 5329. It does not get generated in TT UNLESS a penalty tax is imposed. As I've said before TT (2024 version) refuses to aggregate multiple distributions from multiple IRA accounts to satisfy the RMD. Hence, it calculates a penalty tax in form 5329. This problem is clearly a bug in the 2024 issue of Turbotax. I spoke with tax agent at Turbotax (2/10/34) and together we reviewed the problem. I let him have my computer screen access so he would get a clear idea of what I was complaining about. He agreed with me that there is something wrong in the software calculations. He said he would elevate the issue to the proper team members. That's all I know at this point: 2/11/24, 5:49pm. This is a serious problem that TT has to get fixed.
