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Retirement tax questions
I am a TurboTax Tax Expert. I just had a client with this same issue.
The IRS recently put out an update and something is not flowing with code D in box 7. If you have anything else in box 7 like a 7 omit the code D. Also make sure all 1099Rs are listed as "qualified" in the follow up questions.
Only put the amount of RMD for that 1099R in the RMD entry box. A
At the end make sure you choose "None of the accounts failed to take the RMD" - its the bottom option.
‎April 4, 2025
11:00 AM