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Level 1
January 26, 2025
Question

RMD Amount less than Distribution Amount

  • January 26, 2025
  • 2 replies
  • 21 views

I entered 1099-R.  Distribution amount 13,395, RMD Amount 8959. 

 

I get an error saying "RMD amount should not be less than the distribution amount that is for the RMD". 

 

I don't understand this error.  I did not receive this error in previous years using TurboTax.   

 

What am I missing?

 

 

 

    2 replies

    Level 15
    January 26, 2025

    Just say all is RMD. 

    Level 10
    January 26, 2025

    There are problems this year with 1099.  I had to mark all of my 1099-R as RMD when that is not the case but the only thing TurboTax would accept.  It will not affect your taxes to mark it all RMD.