MaryK4
Expert Alumni

Retirement tax questions

There is a question about taking the RMD during the correction window- which your January 2025 distribution would qualify for.  If you answer that Yes, I took out the entire remaining amount during the correction window, TurboTax will not assess the penalty.   The IRS will only know that you took the other 1/2 before 4/1/2025 and not penalize you if you file a correct tax return.

 

 

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