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New Member
posted Feb 15, 2025 8:25:51 PM

Something about a RMD (whatever that is) seems to be holding up my return. Did I answer a question wrong?

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1 Replies
Level 15
Feb 15, 2025 10:03:17 PM

RMD is the Required Minimum Distribution you have to take out of your IRA or 401K plans etc.  each year when you reach a certain age like 72 or 73.   When you entered 1099R it would have asked you if it was the RMD and how much.

 

What did you get a 1099R for?   Even if you just get a pension it’s considered to be the RMD.   Right now there is a problem with the 1099R RMD section.  They are working on it.