turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

robransom
New Member

What version TTax allows for RMD distribution? Does the deluxe edition allow for this functionality?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

What version TTax allows for RMD distribution? Does the deluxe edition allow for this functionality?

All TurboTax editions, online and desktop, can be used to enter a Form 1099-R which is reporting a RMD.

What version TTax allows for RMD distribution? Does the deluxe edition allow for this functionality?

All versions including the Free Edition can enter a 1099R for a RMD.  Did you get a 1099R?

 

Enter a 1099R under

Federal Taxes Tab or Personal (Home & Business)

Wages & Income at the top

 

Then scroll way down to Retirement Plans and Social Security,

Then IRA, 401(k), Pension Plans (1099R) - click Start or Revisit

 

There are 4 boxes.  Be sure to pick the right box for the kind of 1099R you got.

 

If you are filing a Joint return be sure to pick which person it is for.

 

Don't enter the bank or broker name and don't try to import it.  It is just as fast and easy to manually enter it.  At the bottom pick -  Change How I enter my Form

Then on the next screen pick I'll Type it in Myself

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question