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RMD
Turbo Tax is telling me that I am under reporting my RMD by $40 and is saying a penalty is due:
1. The amounts I have entered are directly from the 1099-R forms sent to me.
2. I have entered over $90,000 ...how can this program determine that it is off by $40?
3. How can Turbo Tax determine amounts due, since they do not have access to my 401K total amounts as of December 31, 2024?
4. How do I get around this block point in your program?
Topics:
‎April 14, 2025
12:55 PM