1099R section

Terry Thompson · ‎January 22, 2026

22 January 2026 - The input section for Form 1099R has gone active. The information that I had previously entered using the "Forms" radio button transferred. HOWEVER, there may be a problem when entering the required RMD box.

There is a question that asks what your required RMD was for that account. The logical reason for that question would be to compare the required amount you enter to what you actually withdrew to make sure you met the minimum amount required by the RMD table.

I had withdrawn more than the required amount AND paid the estimated tax due at time of withdrawal. However, when I entered the required minimum amount, it immediately shaved $1,500 off my refund.

I had already computed my required taxes using the Old School 1040 forms method so this instant $1,500 hit appears very much to be an error in the newly opened 1099R section.

If I enter zero into the question, the refund remains as originally computed using the Form 1040. However, zero dollars, $0.00 is NOT the minimum I was required to withdraw by 31 December 2025.

Thanks

Terry Thompson

I am the original poster. I used the "Forms" radio button to look at what was causing the problem. In the "Forms" section, the question "Is this an inherited IRA" was checked. It is NOT an inherited IRA.

Once I unchecked that box in the forms section, things returned to normal. Also, a "New" question appeared in the step by step process. Similar to year 2024, it asked me if the entire amount that I withdrew counts towards my RMD. This hadn't appeared earlier before I found that inherited IRA box checked in forms.

I went back and reviewed the step by step questions looking for any box I might have checked asking if the IRA was inherited but, I didn't find any obvious selection that I might have made.

So, I'm at a bit of a loss as to why the inherited IRA box got checked but refund is back to proper amount AND the step by step asks me the question similar to year 2024 about how much of the withdrawal applies to year 2025 RMD on 31 December 2025. Geez.