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Retirement tax questions
I need clarification. I agree the questions are vague. So after replying how much you took out for RMD, Turbotax then asked what is the required amount to be distributed. So what if you took more?
Is the answer the amount you took? or is the answer what was required as minimum amount?
Financial advisors I have are saying to take more than the RMD and so it is more than the required amount, so this one question is vague and if I took 10000 and only 6000 is the required amount, do I put 6000 here? Even though I actually took 10000 which is NOT the required minimum amount. Right now I just put in the same amount that was distributed even though it is more than required minimum. I think this is still vague.
March 9, 2025
6:16 AM