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ddbebout
New Member

How is this reported? RMD is $5605 and took out $7700, Where do I show the RMD and the $2095?

RMD is $5605 and took out $7700, Where do I show the RMD and the $2095?
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2 Replies
DavidD66
Expert Alumni

How is this reported? RMD is $5605 and took out $7700, Where do I show the RMD and the $2095?

When you enter your Form 1099-R, you will be asked how much of your $7,700 was an RMD.  You will indicate "some" of your distribution was and RMD and then enter $5,605 in the box.  On a later screen, you will be asked to verify the amount of all your RMDs.  The program will walk you through it when you enter your Form 1099-R.

 

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ddbebout
New Member

How is this reported? RMD is $5605 and took out $7700, Where do I show the RMD and the $2095?

Thanks, I was using the wrong amount for the RDM.  When I got that straightened out, I had to leave the box blank!  No zero, no nothing.  Then the form was corrected and the Federal form filed!

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