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posted Mar 22, 2020 11:56:15 AM

Incorrect calculation of spousal age

TurboTax is currently incorrectly calculating my spouse's age when I enter an amount for distribution as a form 1099-R.  For some reason, the form calculates her age as 70 1/2 whereas it should be 65.

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1 Replies
Not applicable
Mar 22, 2020 12:07:30 PM

on what form?   the 1099-R has no age on it.   for many purposes it doesn't matter as long as she's over 59 1/2 

 

however, unless this is an inherited retirement a/c  this would not be a RMD.   if this is an IRA and she's under 701/2 she can not make a Qualified Charitable Distribution