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Level 1
posted Mar 20, 2025 5:59:54 PM

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?

0 1 678
1 Best answer
Expert Alumni
Mar 21, 2025 6:40:27 AM

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

1 Replies
Expert Alumni
Mar 21, 2025 6:40:27 AM

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