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Level 2
January 29, 2025
Question

RMD glitch

  • January 29, 2025
  • 3 replies
  • 0 views

As of today 1/28/2025 the RMD problem is not corrected.Specifies RMD amount should not be less than the distribution amount that is for the RMD error. My distribution far exceeds the required RMD on all accounts. This error shows up at the last step and can not be corrected? Therefore my completed taxes can not be sent by Turbo Tax to The IRS. I have paid The Deluxe 2024 fee to Turbo Tax

 Please Email Me when this is corrected and my taxes has been sent to the IRS. Thank you

                                                                                              John L

 

                                                                              

3 replies

Level 15
January 29, 2025

For each and any 1099-R enter the amount withdrawn on that form and say that that exact amount is RMD. 

Level 2
January 29, 2025

I am having the same problem.   My withdrawal was larger than the RMD amount and Turbo Tax will not send my electronic return.    How long will it take for Intuit to fix this glitch?!!!       I want to file NOW.   

CatinaT1
Level 15
January 30, 2025

This is currently being looked into. Please watch the Community for updates as they become available.

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Level 2
January 31, 2025

Looks like TT made a change to RMD overnight.  But, they say they are still working on it.

Level 2
February 4, 2025

My solution!!  When I entered the amount on form I entered $ and cents.  Turbo Tax rounds the number in my case dropping the cents and then compared the 2 creating the error.  I reentered the number on the form dropping the cents.  It then matched TT and cleared the error!!  Was able to file my taxes then!

Hope the helps!