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Retirement tax questions
It would seem that the $700 Form 1099-R is being treated as having been not been reported as being an RMD and as having been rolled over. Try deleting and reentering this Form 1099-R, making sure to indicate in the follow-up questions that the required RMD was $700, that $700 was allocated to RMD and that the distribution was cashed out.
3 weeks ago