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Retirement tax questions
First of all, whatever happened with the 2024 RMD has nothing to do with the reporting of the "shortfall" RMD for 2023.
If one 1099-R was treated as an early distribution, and the other 1099-R from the same account was not treated as an early distribution, it seems like you must have made a mistake entering the 1099-R for the 2024 RMD. On the 1099-R for the 2024 RMD, what is the distribution code in box 7? Go back and check your entries for that 1099-R in TurboTax and make sure that everything is entered correctly. Also review your answers to the questions that follow the entry of the 1099-R.
‎February 17, 2025
3:21 PM