DanaB27
Expert Alumni

Retirement tax questions

Yes, I confirmed when you enter $0 RMD for IRA-c  that you do not get the "How much of This Distribution Applied to your December 31, 2024 RMD" screen. Since you withdrew more than the total RMD you could enter $1 on the "Required Minimum Distribution" screen to trigger the next question.

 

You are not required to file Form 5329 since you met all of your RMD for 2024. TurboTax will enter the information in the "Additional Retirement Account Smart Worksheet" to check that you met the RMD but this will not be sent to the IRS.

 

 

If you want you can go into the 1099-R IRA-c in Form mode and edit the RMD on line A in the "RMD Excess Accumulation Worksheet" to $0 to show the correct RMD on the  "Additional Retirement Account Smart Worksheet". But it isn't necessary, the worksheet isn't sent to the IRS since you met the RMD for 2024.

 

@Fiberglass72 

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