Required minimum distribution: taxes of 20% are withheld and my tax rate is under 10%. How do I get the difference?Thank you,Tom
When you enter your 1099-R for your RMD, you are claiming both the income and the taxes withheld. We can't see your tax return in this forum, but keep in mind that the RMD may have pushed some of your income into a higher tax bracket.
Required minimum distribution: taxes of 20% are withheld and my tax rate is under 10%. How do I get the difference?Thank you,Tom
When you enter your 1099-R for your RMD, you are claiming both the income and the taxes withheld. We can't see your tax return in this forum, but keep in mind that the RMD may have pushed some of your income into a higher tax bracket.
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.