PeterO26
New Member

Retirement tax questions

I should have added to my initial post.  There is a screen with three RDM OPTIONS you can choose. First was stating that he's you did not take enough RDM. But the third is to request an exception and waver from the IRS. There is a very small box you can enter your reason. I am using this explaining mine and my wife's RMD are correct having verified with my financial institution and explaining this is a known Turbo Tax coding problem that they are not addressing or providing a fix. I stand by my 1099Rs as correct. I am confident in my documentation. The IRS can review and can honor the request. The penalty TT calculates is $559.  Shame on Turbo Tax.