turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

jeffkman
Returning Member

IRA RMD

Mid 2022 I transferred my  IRA to another broker.  My first broker stated by RMD for 2022 was $9,283.43 and they distributed $6,173.36.  My second broker distributed $12,600 from my IRA.  I entered both in TurboTax specifying $3,110.07 of the $12,600 distributed was RMD.  Got error in Form 539-T Waiver on Tax line.  Lines 52 and 53 Minimum Required and Actually Distributed only shows the amount from first broker ($6,173.36) and not the entire $9,283.43 amount causing a error.  Is this a TurboTax error?  If not, how do I correct?

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

4 Replies

IRA RMD

Say that both distributions were RMD’s. 

jeffkman
Returning Member

IRA RMD

Sorry , that was Form 5329-T Part IX.  When I removed reporting both broker accounts from I TurboTax return, it still showed $3,110 in box "A" under line 53.  Ouch!

jeffkman
Returning Member

IRA RMD

They are both set up  as RMDs.

dmertz
Level 15

IRA RMD

These entries on Form 5329 are ones that you made.  Since you completed your RMD, just deleted the Form 5329.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies