Retirement tax questions


@hmchan17 wrote:

Both of my parents did not received RMD last year and their return is filing jointinly  TurboTax asked for an amount of RMD for one parent and not another.  Am I suppose to include the both RMD amounts under one parent


No.   The RMD question only comes up if there is a 1099-R to enter for *that* spouse.  

 

Are you saying that both spouses failed to take the 2019 RMD?

 

What was the 1099-R for the one spouse for?

Did you indicate that the 2019 RMD was not taken and was a 5329 penalty waiver created?

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**