https://ttlc.intuit.com/community/retirement/discussion/next-year-s-required-minimum-distribution-included-in-estimates/01/3552848#M240273 <P>Does Turbotax take into account the RMD for an IRA for the next tax year when calculating estimated tax payments? I keep owing taxes every year getting estimates that are too low and I think this may be part of the issue. It asks to see if I have met this year's RMD or else I'd be penalized.</P><P>&nbsp;</P><P>I think Turbotax should ask about this and, based on a person's age and IRA value, calculate the RMD for the next tax year and add this to calculations for estimated tax payment amounts.</P> Sun, 09 Mar 2025 16:36:47 GMT ebtech62 2025-03-09T16:36:47Z https://ttlc.intuit.com/community/retirement/discussion/next-year-s-required-minimum-distribution-included-in-estimates/01/3552848#M240273 <P>Does Turbotax take into account the RMD for an IRA for the next tax year when calculating estimated tax payments? I keep owing taxes every year getting estimates that are too low and I think this may be part of the issue. It asks to see if I have met this year's RMD or else I'd be penalized.</P><P>&nbsp;</P><P>I think Turbotax should ask about this and, based on a person's age and IRA value, calculate the RMD for the next tax year and add this to calculations for estimated tax payment amounts.</P> Sun, 09 Mar 2025 16:36:47 GMT https://ttlc.intuit.com/community/retirement/discussion/next-year-s-required-minimum-distribution-included-in-estimates/01/3552848#M240273 ebtech62 2025-03-09T16:36:47Z