I have a 1099R for required RMD in 2024 for an inherited IRA. I took the RMD and with held federal and Oregon State taxes from the RMD when it was distributed to me in 2024. When I do TurboTax State taxes, the entire distribution is shown as income (no federal or state taxes are shown as being withheld) and if you want to report that you already paid Oregon State taxes, there is no drop down menu for you own state. You have to say that it was from a different state to be able to document the state taxes you already paid. This is very misleading and not honest in the software. In the drop down menu, there should be an option do document: Did you already withhold federal taxes on the RMD? and Did you already withhold state taxes on the RMD. It is misleading for customers and not user friendly not to have a drop down menu for different scenarios. Th
posted
last updated
March 13, 2025
8:03 PM