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Jack1630
New Member

IRA RMD

I have 2 IRA's both with RMD's. I took less than the RMD from one account and more than the RMD from the other account.  The total withdrawal was more than the total RMD.  I believe that is acceptable; will TurboTax allow me to enter it correctly?  

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Accepted Solutions

IRA RMD

Yes.  There was a problem that got fixed on Feb 20.   Just go slow and answer the followup questions.

 

Enter a 1099R under
Federal Taxes
Wages & Income
Then scroll way down to Retirement Plans and Social Security
Then IRA, 401(k), Pension Plan Withdrawals (1099-R) – Click Start

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1 Reply

IRA RMD

Yes.  There was a problem that got fixed on Feb 20.   Just go slow and answer the followup questions.

 

Enter a 1099R under
Federal Taxes
Wages & Income
Then scroll way down to Retirement Plans and Social Security
Then IRA, 401(k), Pension Plan Withdrawals (1099-R) – Click Start

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