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Federal form 1099-R RMD Excess Accumulation Worksheet "Did you withdraw the remaining RMD during the correction window?"

Whichever box I check yields an error color in the other box.  Both numbers are identical, even to the single decimal point.  No cents are included in either number.  I entered the "Required Amount" exactly the same as the "Amount Distributed" value generated by the program, which rounded up the cents and added a single decimal point.

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2 Replies
DanaB27
Employee Tax Expert

Federal form 1099-R RMD Excess Accumulation Worksheet "Did you withdraw the remaining RMD during the correction window?"

Please try entering only full $ amounts without cents.

 

Please see Why am I getting an RMD distribution amount error?

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Federal form 1099-R RMD Excess Accumulation Worksheet "Did you withdraw the remaining RMD during the correction window?"

Or...... for the required RMD amount, enter $1 lower than the actual distribution.

 

The software only uses that to determine if any "can" be rolled over....and you likely wouldn't roll over $1.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

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