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rjr2al
New Member

RMD Question Confusion

ONLINE Turbotax Program
I received a 1099-R that has only one Gross Distribution (Box 1) & Taxable Amount. (Box 2). The Gross Amount & Taxable Amount are the same.
The Gross Distribution & Taxable Amounts are equal to Partial RMD+QCD+Roth Conversion. It appears that Turbotax DOES NOT credit the QCD plus the Partial RMD as equal to the Total RMD. Therefore,
Turbotax defaults to charging additional tax & gives the option of requesting a waiver. This is UNACCEPTABLE! I have tried for 8+ hours, searched Turbotax forum, and haven't been able to report that I have taken the Total RMD. I called Fidelity & they insist their reporting is in compliance with IRS Regulations. I even filled out a revise 1099-R (Form 4852) which was no help. This has been an ONGOING reporting problem as documented in the Turbotax Forum.
H E L P !!!!!!!!!!!!!

Frederick25
Returning Member

RMD Question Confusion

But it you enter the amount on line 1 that might not be the total amount you had to take to get the required rmd.  So then what do you do?

Frederick25
Returning Member

RMD Question Confusion

However the amount on my 1099 r shows an amount that is greater than the rmd due and which was taken in 2025.  So I do what ?  Thank you

DaveF1006
Employee Tax Expert

RMD Question Confusion

You will need to contact the program's administrator or documentation to find out what the RMD requirement was for 2025.

 

@Frederick25 

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