etlowe
Returning Member

Retirement tax questions

@DanaB27 

 

I also have encountered a similar issue with an RMD penalty for a satisfied 2024 RMD.

I am using TurboTax Deluxe as a Desktop application. The 1099-R for Vanguard includes Box 7 Codes for G and 7. The Vanguard account was a 401K that was rolled over to a Traditional IRA. The RMD was taken in full as a distribution before the rollover (6/2024) and the end of the year. 

I have reviewed many of the Community Q&As but have not seen a comparable case with a working solution.

 

My token number is 4125639-77311314

 

Appreciate your assistance to help resolve this problem.