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TurboTax has miscalculated my RMD resulting in additional tax. How can I correct this?

My financial advisor provided my RMD as $34483 however Turbotax software has calculated it at $67483, resulting in $3300 in additional taxes. Where and how can I correct this?
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RachelW33
Employee Tax Expert

TurboTax has miscalculated my RMD resulting in additional tax. How can I correct this?

There was an issue in TurboTax with the RMD calculation when multiple accounts were involved.  A program update was released on 2/21/25, resolving this issue.  

 

Please review your 1099-R entries in TurboTax and complete all of the follow-up interview questions.  Once you are done updating your 1099-R entries, click Continue under your list of 1099-R's and answer those follow-up questions.  Once you have completed these steps, the extra tax should be removed.

 

If you’re still experiencing an issue, please post here so that we can assist you further.

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