An expert does your return, start to finish
We'll guide you step-by-step
Explore tax tools, get tips, and read reviews
Find answers and manage your return
Find answers to your questions
Work on your taxes
We'll help you get started or pick up where you left off.
I did not take an RMD in 2020 becasue it was waived. TT has calculated that I owe $500 tax becasue of that. Did I answer a question wrong?
You'll need to sign in or create an account to connect with an expert.
When asked about completing your RMDs for 2020, the correct answer is that you received all of your RMD for 2020. You effectively took out all $0 of the $0 required to have been taken.
Simply delete the Form 5329 that is present in your tax return.
Ask questions and learn more about your taxes and finances.
boxer
Level 1
in Get your taxes done using TurboTax
RCNGYLO
New Member
in Retirement tax questions
eeunruh
SBL
Returning Member
user17694451190