All Posts

You can take the entire RMD from a single account:  However, in the interview, the question is asked about how much you are required to take for an RMD.  This should reflect the total amount. You should not post anything for the other two accounts if there was no distribution. The amount required should equal the amount withdrawn.

What is a pre  tax IRA?  Did you enter it under Deductions?  Pre tax items are normally only entered from your W2.   If you entered it again  under Deductions you may have made an excess contribution.  That would be on  form 5329 .  

Mine is showing the same available soon and today is the day you can start filing. It also states available soon on ev charging station even though I do not need that. Even after updating and reinstalling it states the same thing.

Depending upon your location, boxes 18-20 could reflect taxes pay to a city, county or school district.  You will be able to tell the different taxes from the information that is reported in box 20.   You are able to report multiple lines of box 18 - 20 by selecting Add another locality when entering your W-2.   See also this TurboTax Help.  

Same here.  I tried going to the Form section to fill out the information.  The only information that I can input is my main residence address.  Any other fields allow me to click on a box, but will not allow manual input.  Very disappointed in TT - I've used the product for around 20 years and have never experienced this lack of not communication when this will be available for the desktop software.  

Suggestion to TurboTax programmers:   Do not recalculate tax liability on this page: "Let's get more information about your Required Minimum Distribution (RMD)."  Wait until the user specifies what the 1099 R distribution amount was for on "How much of this distribution applied to your December 31, 2025 RMD?" before recalculating tax liability.  This will provide a more intuitive user experience.

If you are not able to import your Form 1099-R into TurboTax, you can manually enter your 1099-R with the following steps:   1) On the 1099-R import screen in TurboTax Online, select Change how I enter my form   2) On the following screen, you will have these options:   a) Bring it over from my bank b) Upload it from my computer  c) Snap a photo with your phone  d) Type it in myself   In TurboTax Desktop, select Skip Import on the 1099-R import screen to enter the form manually.    

I am having the same problem with Turbo Tax calculating the incorrect federal income tax amount for 2025.  I am a retired tax CPA and have compared my tax calculation to the IRS and AARP.  Myself, IRS and AARP come to the penny of the same tax calculation. Turbo tax is $800 off.  Since I cannot see how the tax is calculated I am at a loss what to do from here.  I may just go back to a manual paper return and demad a refund from Turbo Tax unless anyone else has any thoughts? 

If you edit or review a 1099R it does not keep your answers from before but resets them to the defaults. Then you have to go through and answer them all again. So be sure to go all the way to the end of the 1099R section. They are right unless you go back.