☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jan 28, 2025 8:11:18 AM

How to update my RMD for Allianz LIC. RMD showing as 6071.? Distribution was for 6071.02. TT won't let me add the 2 cents to the RMD amount.

Turbo Tax complaining about my RMD for Allianz LIC. RMD showing as 6071. Distribution was for 6071.02. TT won't let me add the 2 cents to the RMD amount.

0 1 447
1 Replies
Level 15
Jan 28, 2025 12:06:20 PM

Remove the 2 cents from the distribution amount. It will get rounded off on your tax return anyway. The IRS doesn't bother with cents.