Solved: TurboTax is actually trying to determine if any am...
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest second stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
New Member

TurboTax Deluxe 2018 does not appear to be handling annuities correctly, it keeps asking about RMD; i.e. it seems to think the annuity is an IRA. What's going on?

 
1 Best answer

Accepted Solutions
Level 15

TurboTax Deluxe 2018 does not appear to be handling annuities correctly, it keeps asking about RMD; i.e. it seems to think the annuity is an IRA. What's going on?

TurboTax is actually trying to determine if any amount is eligible for rollover.  Just indicate it's all RMD so that TurboTax knows then none of this money is eligible for rollover.

View solution in original post

1 Reply
Level 15

TurboTax Deluxe 2018 does not appear to be handling annuities correctly, it keeps asking about RMD; i.e. it seems to think the annuity is an IRA. What's going on?

TurboTax is actually trying to determine if any amount is eligible for rollover.  Just indicate it's all RMD so that TurboTax knows then none of this money is eligible for rollover.

View solution in original post

Dynamic Ads
v
Privacy Settings