turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Mach1lar
New Member

RMD not accepted

I have a 1099r which is my RMD that I took in December.  TurboTax is still charging me a penalty and not accepting it as an RMD.  I choose 7 in box 7 correctly as well as IRA/SEP/SIMPLE checked.  I am getting a form 5329t with the full amount of the RMD for both Distributed and Undistributed causing a 25% penalty on the entire RMD

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question