SharonD007
Employee Tax Expert

Retirement tax questions

When answering the RMD questions, an incorrect number may have been entered.

 

To review and correct the incorrect amount for your RMD, follow the instructions below:.

  1. Go to Wages & income
  2. Scroll to Retirement Plans and Social Security
  3. Select Start  next to IRA, 401(k), Pension Plan Withdrawals (1099-R) 
  4. Select Edit  next to the 1099-R that you need to correct 
  5. When you get to the screen “Let's get more information about your Required Minimum Distribution (RMD)?", enter the correct amount of the RMD from this distribution
  6. When you get to the screen “How much of this distribution applied to your December 31, 2025 RMD?”, make your selection.

For more information, please refer to the IRS FAQs Retirement Plan and IRA Required Minimum Distributions FAQs.  You can also review the TurboTax articles What is an RMD? 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"