I neither need nor want a 5329. Turbotax erroneously generated one and included a large tax fine because it cannot add all of the IRA distributions which were taken and determine that those in total are more than the required RMD.
Here is an example:
Acct # 1, required RMD = $3,000.
Acct # 2, required RMD = $17,000.
Total RMD = $20,000
Distribution from Acct # 1 = $9,000
Distribution from Acct # 2 = $11,000
And while this is acceptable according to the IRS, TT generates the 5329 and the fine. Intuit, please fix!
