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Retirement tax questions
TurboTax will prepare Form 5329 for you, which will include the reason for missed RMD and request for penalty waiver. If MFJ, one form will be prepared. If you're using TurboTax Desktop, you can also access the 5329 in FORMS.
You'll see the amount on Schedule 2, Line 8, which will flow onto Form 1040, Line 23.
It is the plan administrator's responsibility to insure that RMD's are sent. You may want to verify that your RMD was not included in your 1099-R distribution. Here's more info on RMD's.
Yes, if you're using TurboTax Desktop, click the link at the upper right for Live Tax Advice for help in reviewing your return.
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Friday