RMD for 2016 is based on balance of IRA's as of 12/31/2015, not 12/31/2016 as requested in the question box. Turbo Tax is wrong. Correct me if I am wrong.
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RMD for 2016 is based on balance of IRA's as of 12/31/2015, not 12/31/2016 as requested in the question box. Turbo Tax is wrong. Correct me if I am wrong.
RMD for 2016 is based on balance of IRA's as of 12/31/2015, not 12/31/2016 as requested in the question box. Turbo Tax is wrong. Correct me if I am wrong.
TurboTax does not calculate RMDs. TurboTax is asking for your 12/31/2016 balance for a different purpose, to determine the taxable amount of your IRA distribution if you have basis in nondeductible contributions.
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