DanaB27
Expert Alumni

Retirement tax questions

Yes, your workaround works if it results in showing no penalty on Form 5329 when you took all of your RMD for 2024. 

 

You are not required to file Form 5329 if 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.

 

Please see Can an account owner just take a RMD from one account for additional information.

 

@GERR 

 

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