TT Premium issues

Forum|Forum|4 months ago
March 17, 2026
1 reply
81 views

I’ve used TT for 20+ years and this year TT will not recognize my 403B RMD. It wants to add a penalty for not

withdrawing sufficient funds. Keep trying to delete entry and start over and it doesn’t change penalty. What am

i doing incorrectly. I did NOT check IRA/Simple box.

Also on 1120S form the stock basis form cannot be accessed when I try to update stock basis. I’m finding

changes and support really hard this year. So frustrating!

it appears changes one makes when using TT is the big problem, also the print/preview forms under tools is cumbersome and not easy to access one or two forms/worksheets to check entries.

TurboTax Premier Online

DavidD66

Level 15

You need to clear the RMD information you have already entered in TurboTax.  To do so, you will have to delete your Forms 1099-R.  After you delete the forms re-enter them.  When you are asked "How much of the [distribution amount] was an RMD?"  Mark the button to indicate that "The entire distribution was an RMD".   On the screen with "Let's get more information about your Required Minimum Distribution (RMD)."  the program asks "Could you tell us what the required minimum distribution for your account was in 2025?" Enter the same amount that was in box 1 of your 1099-R.  Do this for each of your Form 1099-R.  

After you have entered all your Forms 1099-R, on the screen with ""Let's check if you met the minimum distribution requirement" the program will ask "Did you take the required minimum distribution (RMD) for 2025 for ALL of your retirement accounts that have this requirement?".  Answer Yes, assuming that you have met your combined RMD requirements. 

The RMD information that shows may be more than your actual combined RMD amount for the year.  That's OK.  The information is not included with your tax return and is not reported to the IRS.  

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"