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New Member
posted Mar 23, 2020 6:33:42 AM

I took out more than my RMD from several 401K accounts. Turbo Tax is asking how much of what I got is part of the RMD. It's more than the RMD so what do I put?

0 2 786
2 Replies
Expert Alumni
Mar 23, 2020 6:54:37 AM

For Individual 401(k) plans, the Employer/Plan Sponsor is responsible for calculating and distributing the RMD from the plan. If you do not know how much your required minimum distribution was for the year, then you should call the plan sponsor to find out.

Level 15
Mar 23, 2020 8:52:25 AM

just answer 100% (or the dollar figure).,