Annuity purchased when I was 75, no withdrawal was made until age 77. Is there a RMD? Code on 1099-R is 7D. Either I answered the question wrong on Turbo Tax or it appears I owe a penalty for now withdrawing RMD first year. I am really confused. Purchase was paid in full from monies where tax had previously been paid. Not and IRA or a ROTH.
