bthe
Level 2

Retirement tax questions

I just ran through my return again on February 13 and found that they have still not fixed the bug!!  Further more, I see no evidence that they even recognize the bug!  I gave up on TT correcting the problem.    TT still only includes one of my 1099-R's on form 5329-T.  If you follow the TT process and check either box, you will overpay your taxes.

 

I fixed this by manually addiing up my RMD's and Distributions from the four 1099-R's and entering the totals on form 5329-T.  Override line 52a with the total RMD and line 53a with the total Distributions.  You can't trust TT to do this form correctly!