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LKathryn
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RMD

Answers I am finding do not appear on 2024.  I have multiple IRAs and did not take RMDs from all of them (taking the total due from one or more accounts).  Where do I enter the infol for the IRA I am not making a w/d so it does not appear that I have withdrawn more money than reqired?

 

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1 Reply

RMD

Thre is no penalty for taking more than your RMD, as summed from the total of all 1099-R box 1..

 

Due to TurboTax issues.
to avoid wrongful penalty, for each 1099-R, tell TurboTax that the distributed amount is the calculated required amount.

 

@LKathryn 

 

 

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