RMD Calculator

[Eric649]

Where is the RMD calculator located in TurboTax?  The Premier Edition has all of my IRA and 403B information for many years. It seems like it should be able to calculate my RMD for me.  There are so many confusing exceptions to the rules regarding when you take it and when you don't have to all depending on current legislation and when your birthday falls and other arcane situations.

[VolvoGirl]

Turbo Tax can't calculate it for you.   You need to get your IRA balance on Dec 31 of the prior year.  Most IRA plans send out a form or letter at the beginning of the year,  telling  you how much RMD you need to take for the year. 

Use this....See IRS pub 590B for Distributions. There are RMD worksheets starting on page 46
https://www.irs.gov/pub/irs-pdf/p590b.pdf