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Retirement tax questions
Gawd it is difficult to find where to report a bug.
We have two IRA accounts, one for me and one for my wife. I imported both 1099 S. The data was correct for both, however the check box on my wife's 1099 (is this for a spouse ) was NOT checked. Merrill Lynch had the CORRECT data with her SS number and ownership. Turbotax put BOTH IRA's RMD into MY account, creating a large penalty. I edited the imported 1099 form, checking the box and it fixed the problem.
Regards, Steve Gokorsch
March 13, 2025
8:14 AM