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ark-ie
New Member

Did not take RMD in 2019, TURBOTAX let me include form 5329 but would not allow the zero distribution in the 1099-R

 
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3 Replies

Did not take RMD in 2019, TURBOTAX let me include form 5329 but would not allow the zero distribution in the 1099-R

What do you mean?     How can you enter a 1099-R if you did not take any distribution and receive a 1099-R?

 

You also cannot complete a 5329 part IX (lines 52-55) to request a waiver of the missed RMD penalty in the online versions without a 1099-R, but it can be done using the desktop versions in the forms mode.   (Online requires attaching a separate paper 5329 to a mailed return.)

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
Anonymous
Not applicable

Did not take RMD in 2019, TURBOTAX let me include form 5329 but would not allow the zero distribution in the 1099-R

for any qualified retirement plan no RMD was required for 2019.

Did not take RMD in 2019, TURBOTAX let me include form 5329 but would not allow the zero distribution in the 1099-R


@Anonymous wrote:

for any qualified retirement plan no RMD was required for 2019.


@Anonymous - The poster said 2019.    The CARES act applies to 2020 RMD's, not 2019.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

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