Skip to main content
Level 1
Mar 21, 2025 12:59 AM UTC
Solved

Required minimum distribution

Turbo tax wants to know if distribution is partial or full.  I have the total required for the year, but it is paid in quarterly distribution payments. 

     Should I show it as a some or entire distribution?  Yearly total is $544.20 and quarterly payments are $136.39.

Also for amount applicable for Dec. 31, 2024 should I show a quarterly amount or the yearly amount?

    DanaB27Answer
    Employee Tax Expert
    Mar 21, 2025 1:40 PM UTC

    You will enter the total yearly RMD amount of $544 for both RMD questions. You can round the amount to full dollars.

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

    1 reply

    DanaB27Employee Tax ExpertAnswer
    Employee Tax Expert
    Mar 21, 2025 1:40 PM UTC

    You will enter the total yearly RMD amount of $544 for both RMD questions. You can round the amount to full dollars.

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"