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Turbo Tax does not recognize my RMD for 2024. Hence I cannot continue?

How can I get past this issue?
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1 Reply
DanaB27
Expert Alumni

Turbo Tax does not recognize my RMD for 2024. Hence I cannot continue?

To confirm you took all of your RMD for 2024? If yes then follow these steps:

 

  1. Click on "Search" on the top right and type “1099-R”
  2. Click on “Jump to 1099-R” and enter your 1099-R
  3. Enter the RMD amount for this account on the "Let's get more information about your Required Minimum Distribution (RMD)" screen
  4. Continue until "How much of this distribution applied to your December 31, 2024 RMD?" screen and select "The entire distribution was an RMD" /or select "Only part of this distribution was a RMD" and enter the amount of RMD (if this distribution includes RMD for other IRA accounts then you included the amount here)
  5. On the "Here's your 1099-R info" screen click "Continue"
  6. On the "Did You Miss a Required Distribution From Any Retirement Accounts?" screen select "None of these plans failed to withdraw the RMD" if you met all of your RMD for 2024.
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