DanaB27
Expert Alumni

Retirement tax questions

Please follow these steps:

 

  1. Click on "Search" on the top right and type “1099-R”
  2. Click on “Jump to 1099-R” and enter your 1099-R
  3. On the "Required Minimum Distribution" screen enter RMD for this account ($8,011.12)
  4. On the "How much of This Distribution Applied to your December 31, 2024 RMD" select "Some of this distribution…" and enter the RMD amount ($8,011.12)
  5. On the “What Did You Do With The Money” and choose “I moved it to another retirement account
  6. Then choose “I did a combination of rolling over, converting, or cashing out money.” and enter the returned amount of $6,817.74 next to "Amount rolled over to another (or back to the same) retirement account"
  7. On the "Your 1099-R Entries" screen click "Continue"
  8. On the "Did You Miss a Required Distribution From Any Retirement Accounts?" screen select "None of these plans failed to withdraw the RMD" if you met all of your RMD for 2024. 

 

If you are still having issues then you might have to only enter full $ amounts without the cents.

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