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dkallen47
New Member

My total withdrawals from my RMDs exceeds the amount I had to withdraw, but did not withdraw from one IRA. 2 IRAs at same company. Why Turbo Tax says I owe the IRS?

 
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1 Reply

My total withdrawals from my RMDs exceeds the amount I had to withdraw, but did not withdraw from one IRA. 2 IRAs at same company. Why Turbo Tax says I owe the IRS?

Is it saying you have an excess accumulation?  There is a problem with the RMD section.

 

For each 1099R use Expert DavidD66 excellent answer here,
https://ttlc.intuit.com/community/retirement/discussion/re-rmd-mismatch/01/3488686#M234445

 

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