TT RMD Calculations Are Wrong

jm152 — Thu, 13 Feb 2025 17:18:54 GMT

Like other comments before me, I cannot file my return due to a glitch in TT's program. I eagerly await the update to resolve this issue.

In my case the total 2024 RMD came out of two accounts -- an annuity bought with IRA funds plus a second IRA. The program handles each account separately and asks if the additional amount required for the year was withdrawn within the "correction window." The program is not combining both withdrawals that were made to satisfy the TOTAL RMD AMOUNT WITHOUT PENALTY. So frustrating!

Re: TT RMD Calculations Are Wrong

MaryK4 — Thu, 13 Feb 2025 17:28:40 GMT

TurboTax is working on this issue- you can sign up to be notified as soon as it is ready at Why am I getting an RMD distribution amount error?

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TT RMD Calculations Are Wrong

Re: TT RMD Calculations Are Wrong