I took over $30,000 from my investment of less than $120,000 that should satisfy my requirements for RMD. How do I proceed?

How do I finish entering my 1099-R form?

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I took over $30,000 from my investment of less than $120,000 that should satisfy my requirements for RMD. How do I proceed?

Yes we can help you enter retirement distribution that is larger than your required RMD.

Log into TurboTax

Under Federal
Select Wages & Income
Scroll to Retirement Plans and Social Security
Select IRA, 401(k), Pension Plan Withdrawals (1099-R)
Follow the interview.
If 6 boxes appear select Skip This
Let's import your tax info - Change how I enter my form
Three boxes - Type it myself
Four boxes select type of form (usually Financial institution) - Continue
Continue the interview to How much of the $ XX,XXX was an RMD?
Follow the steps through the interview.

Where do I enter my 1099-R?

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I took over $30,000 from my investment of less than $120,000 that should satisfy my requirements for RMD. How do I proceed?

"that should satisfy my requirements for RMD"

if you're having difficulty with TurboTax, they changed the questions this year and not for the better.

You can get around this by saying "the amount I took out is my RMD amount"

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