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