I just entered my annual gross pay to see what would happen. Does the sequence below sound like this is the way to handle the RMD entry? The first time I did this, it came back with a very strange question. This time it allowed it without a very confusing followup question. (I spent an hour with the snipping tool to show you everything and now I see intuit does not allow pasting. So much for that.) I'll summarize:
Next: I clicked that the entire amt was applied.
Next: yes, I took out the entire remaining amt during the window.
Next: yes I got reg pmts from this account.
Next: no, I started getting pmts in a prior yr.
Next: Yes, the amt in 2A was used as the taxable amt
Am I good to go? Thanks.
If this is the proper way to handle this, all this could have been handled by a single statement on turbotax:
**(If this is a retirement pension with regular pmts, enter your gross annual income from this account as the RMD.)
