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Retirement tax questions
First please make sure you have updated your software.
To clarify, did you take any RMD and have Form 1099-R? If yes, then try deleting and reentering the Form 1099-R and make sure you click continue after adding all Form 1099-Rs.
If you did not take any RMD and need to file Form 5329 for the missed RMD but do not get the "Did You Miss a Required Distribution From Any Retirement Accounts?" screen then you can switch to Form Mode:
- Enter the forms mode and click on "Open Form" and type "5329".
- Scroll down to Part IX line 52 and enter the RMD amount that should have been taken. On line 53 enter the amount of the RMD that was actually taken (probably zero if it was missed).
- Then in the box right under line 53 "Waiver of Tax Smart Worksheet" enter the same amount as line 52 (the RMD amount) under A.
- Click the "Explanation" button and enter the reason for missing the RMD and your statement requesting a waiver.
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March 14, 2025
9:52 AM