- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
Yes, all versions of TurboTax can handle this.
When TurboTax asks how much RMD was required with respect to this distribution, your responsibility was only for 1/3 of your father's RMD, so enter 1/3 of the original amount your father would have been required to have distributed had he not died.
(If the RMD was fully satisfied by the beneficiaries but in unequal amounts, enter no more than the amount distributed to you as the amount you were required to satisfy. There is no requirement that the year-of-death RMD be satisfied equally by the beneficiaries as long as it is fully satisfied.)
March 7, 2025
7:20 AM