rjs
Level 15
Level 15

Retirement tax questions


@Boggy4062 wrote:

. . . a program which is supposed to answer any tax question


TurboTax is not supposed to "answer any tax question." It's supposed to prepare your tax return. There are many possible tax-related questions that TurboTax does not answer. That's not what it's designed for.

 


@Boggy4062 wrote:

The financial brokers can and DO, calculate RMD amount for IRAs. They have the information, and make my life easier.


They are required by law to calculate your RMD and tell you the amount. They don't do it to make your life easier. They do it because they have to.