Solved: The program is asking this question to make certain you t...

Ref:Form 1099R, Turbo is asking me furnish how much of gross distribution shown in block 1, is allocated for RMD? Why is this necessary?

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The program is asking this question to make certain you took the appropriate Required Minimum Distribution from your qualified retirement accounts in 2017.

Your broker or retirement plan custodian should be able to provide this information.

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The program is asking this question to make certain you took the appropriate Required Minimum Distribution from your qualified retirement accounts in 2017.

Your broker or retirement plan custodian should be able to provide this information.

Backdoor Roth IRA 2024 - Turbotax is taxing the entire amount of the conversion (which is incorrect - the conversion amount is the same amount as the basis from the non-deductible IRA that I am converting to Roth.

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Ref:Form 1099R, Turbo is asking me furnish how much of gross distribution shown in block 1, is allocated for RMD? Why is this necessary?

Ref:Form 1099R, Turbo is asking me furnish how much of gross distribution shown in block 1, is allocated for RMD? Why is this necessary?

Ref:Form 1099R, Turbo is asking me furnish how much of gross distribution shown in block 1, is allocated for RMD? Why is this necessary?

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Ref:Form 1099R, Turbo is asking me furnish how much of gross distribution shown in block 1, is allocated for RMD? Why is this necessary?

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Ref:Form 1099R, Turbo is asking me furnish how much of gross distribution shown in block 1, is allocated for RMD? Why is this necessary?

Ref:Form 1099R, Turbo is asking me furnish how much of gross distribution shown in block 1, is allocated for RMD? Why is this necessary?

Unlock tailored help options in your account.

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