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How to update my RMD for Allianz LIC. RMD showing as 6071.? Distribution was for 6071.02. TT won't let me add the 2 cents to the RMD amount.

Turbo Tax complaining about my RMD for Allianz LIC. RMD showing as 6071. Distribution was for 6071.02. TT won't let me add the 2 cents to the RMD amount.
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1 Reply
rjs
Level 15
Level 15

How to update my RMD for Allianz LIC. RMD showing as 6071.? Distribution was for 6071.02. TT won't let me add the 2 cents to the RMD amount.

Remove the 2 cents from the distribution amount. It will get rounded off on your tax return anyway. The IRS doesn't bother with cents.

 

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