1099-R

[Terry Thompson]

The 1099-R section went active on 22 January 2026.

I have already made a very accurate total tax/refund due computation using the "Forms" button and Old School 1040's.

I made the required RMD withdrawal from my traditional IRA and paid the tax due at the same time.

When I reach the middle of the new 1099-R input section, it asks "RMD due by Dec. 31, 2025"

It would seem logical the entry would then be compared to the amount I already entered as having withdrawn to make sure I withdrew the RMD or more.  

Instead, it immediately shaved $1,500 off the refund I already computed.  It makes no sense to me that if the number you enter into the box for the Required Minimum Distribution is LESS than what you actually withdrew, that any change should take place in the computed refund amount.  

I won't be filing until this question is resolved.  Thank you.

[SteamTrain]

I see something similar during 1099-R entry and the follow-up questions, where a refund suddenly drops precipitously......but as I proceed thru all the follow-up questions, the Refund/taxes owed returns to the original value.    (might even go higher if an RMD was taken, and extra $$ were also taken and that excess was rolled over into a different account)

[Terry Thompson]

I am the original poster.  I already added this update/reply to my original posting but I may have uploaded it to a different spot.

Anyway, I clicked on the "Forms" button to go Old School and review the entries for my 1099-R.  I found in there that the box "is this an inherited IRA" was checked YES.  It is not an inherited IRA. 

As soon as I unchecked the box, things returned to normal, AND the step by step section added the question similar to year 2024 asking "Does all of your withdrawal count towards the 2025 RMD required by 31 December 2025."

I am at a total loss as to how that inherited IRA box got checked.  I've reviewed the step by step and can't see anything asked if it was an inherited IRA but it did show up in the Forms section. In my year 2024 return, one of the first questions in the step-by-step asks if it was an Inherited IRA.    

In any regard, it's now reflecting the previous correct amount of refund and taxes as computed prior to the Form 1099R section update.