If you are 73 then follow the steps below to report a missed RMD on Form 5329. Please take the RMD as soon as possible. You request a waiver of the penalty if you have reasonable cause. Please see Relief for Reasonable Cause for additional information.
- Click on "Search" on the top right and type “1099-R”
- Click on “Jump to 1099-R” and enter your 1099-R
- On the "Did You Miss a Required Distribution From Any Retirement Accounts?" screen select "An IRA..."
- TurboTax will walk you through the follow-up questions.
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