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Retirement tax questions
After entering the distribution from your 1099-R, answer the following questions. Was all or part of your distribution a RMD -- YES. Then How much of the distribution was a RMD -- ALL. Do this for each IRA you got a 1099-R for, and Turbo Tax will not think you owe a penalty.
Just make sure your total distributions were equal to or greater than your RMD.
‎February 18, 2025
7:55 AM