topic Extra tax on RMD in Retirement tax questions

Extra tax on RMD

Michael180 — Wed, 04 Feb 2026 22:06:44 GMT

I have one IRA. I entered my 2025 RMD, the exact amount required and TT added 10% additional tax. Will IRS refund the overpayment or will I have to amend the return to recover TT's error.

Re: Extra tax on RMD

xmasbaby0 — Wed, 04 Feb 2026 22:08:09 GMT

I PAID TAX ON THE RETIREMENT MONEY ALREADY

You had tax withheld from the distributions from the retirement account, just like when an employer withheld tax from your paychecks. When you enter it all into the software, the calculations are done to reconcile the amount of income you received and the amount of tax that was withheld. You might owe more or you might get a refund.

Re: Extra tax on RMD

Michael180 — Wed, 04 Feb 2026 22:17:59 GMT

No tax was withheld from the distribution as I pay quarterly estimated tax. My tax on the distribution is included based on my total income.

Re: Extra tax on RMD

DianeW777 — Tue, 10 Feb 2026 00:48:48 GMT

My advice is to amend your tax return because the IRS is not likely going to refund the money if it appears as though a penalty should exist. If your return was accepted, allow a little more processing time and then amend just to be safe and know a refund will be coming.

Read the information in the link below before you make any changes so that TurboTax will know the original numbers and the corrected numbers for your amendment.

If you want to make changes or add a document to a tax return that has already been filed and accepted by the taxing agency, you should follow these guidelines.

You must first wait until the initial return is completely processed.
You will have to use the same TurboTax account that you used for the original tax return.
Once you begin your amendment, you'll see your original return.
The refund calculator will start new at $0 and only reflect the changes in the refund or tax due
Only make changes to the areas of your return that need to be corrected.
You have three years from the date you filed your return or two years after you paid the tax due (whichever is later) to file an amendment

Amend a tax return for the current tax year

Tax Form Availability (Form 1040-X will not be ready until later this month - use this link to see when it becomes available.)

@Michael180

Re: Extra tax on RMD

Michael180 — Tue, 10 Feb 2026 01:37:28 GMT

Thanks, Diane

My return was accepted and I'll be waiting to see what IRS determines. I tried to amend the return, but TT won't let me take out the erroneous extra tax.

A friend of mine had a withholding tax penalty added to his 2024 return, but IRS gave it back to him. I"m hoping they'll do likewise with mine.

Re: Extra tax on RMD

DawnC — Tue, 10 Feb 2026 02:02:14 GMT

You can't amend yet because the Form 1040X is not ready. If you made any changes to your return, undo those so if you do have to do an amendment, your 1040X will be correct.

Re: Extra tax on RMD

Michael180 — Tue, 10 Feb 2026 03:39:12 GMT

Thanks Dawn. As I stated, I haven't yet tried to amend. I attempted to revise the form in TT but it wouldn't let me make the change. If/when I amend, will the 1040X be available from TT and will it let me change the original, processec return?

Your help is much appreciated!

Re: Extra tax on RMD

DawnC — Tue, 10 Feb 2026 03:49:35 GMT

Yes, if you have to amend, you will be able to do so in TurboTax. Form 1040X is usually available by mid-March and there is not a fee to amend if you filed your return with TurboTax.

And you will be able to e-file the amendment is you do it before 10/15/2026.

Re: Extra tax on RMD

Michael180 — Mon, 09 Mar 2026 20:47:37 GMT

It's now almost mid-March and I find the amendment scenario has been included. In trying to amend my return for the erroneous tax on my RMD, when I try to click on the "update" button for "Extra tax on early retirement withdrawal," nothing happens. Is there a further update in the works, or must I file a paper amended return?

Re: Extra tax on RMD

CatinaT1 — Tue, 10 Mar 2026 19:01:15 GMT

There were some updated last week to the amendment form.

If you are using desktop software you may need to do a manual update. Try clearing your Cache and Cookies and then try this link instructions.

If you are using the online software, Clear Cache and Cookies.

If you want to make changes or add a document to a tax return that has already been filed and accepted by the taxing agency, you should follow these guidelines.

You must first wait until the initial return is completely processed.
You will have to use the same TurboTax account that you used for the original tax return.
Once you begin your amendment, you'll see your original return. 
The refund calculator will start new at $0 and only reflect the changes in the refund or tax due
Only make changes to the areas of your return that need to be corrected.
You have three years from the date you filed your return or two years after you paid the tax due (whichever is later) to file an amendment

Select your product below and follow the instructions.

Amend TurboTax Online

Amend TurboTax CD/Download