Retirement tax questions
After you enter your Form 1099-R, you will be asked to enter your required minimum distribution for the year on the screen that says Required Minimum Distribution (RMD). If you enter the same amount as reported in box 1 on your Form 1099-R, then you should not get a penalty for being deficient in your RMD.
On another screen you will be asked How much of This Distribution Applied to Your December 31, 2024 RMD?, you need to answer all of it if that was true:
