You are not required to file Form 5329 if you met all of your RMD for 2024. You can indicate at the end of the interview that you met all of your RMD. When you met your RMD for 2024, you don't have a penalty on Form 5329. Therefore, Form 5329 will not get sent to the IRS.
In TurboTax Desktop:
- Click on "Search" on the top right and type “1099-R”
- Click on “Jump to 1099-R” and enter your 1099-R
- On the "Required Minimum Distribution" screen enter RMD for this account ($0)
- On the "Your 1099-R Entries" screen click "Continue"
- On the "Did You Miss a Required Distribution From Any Retirement Accounts?" screen select "None of these plans failed to withdraw the RMD" if you met all of your RMD for 2024, otherwise select what is applicable.
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