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Level 1
posted Feb 17, 2025 1:42:57 PM

RMD tax

I did take all of my RMD but TT has a question about extra taxes that should not be due because I took all RMDs on time.

0 3 2535
1 Best answer
Employee Tax Expert
Feb 17, 2025 1:59:01 PM

If you are receiving an error regarding your required minimum distribution amount (RMD), please sign up for notifications using one of the links below, depending on your situation.

 

Why am I getting an RMD distribution amount error?

 

Why am I unable to enter my state distributions in my 1099-R?

3 Replies
Employee Tax Expert
Feb 17, 2025 1:59:01 PM

If you are receiving an error regarding your required minimum distribution amount (RMD), please sign up for notifications using one of the links below, depending on your situation.

 

Why am I getting an RMD distribution amount error?

 

Why am I unable to enter my state distributions in my 1099-R?

Level 15
Feb 17, 2025 2:05:36 PM

Turbo Tax changed this year. When it asks about the RMD it is only asking for that one 1099R you are entering.  On each 1099R you need to say Yes it was the RMD and only enter the amount from box 1 on that single 1099R for the RMD, not the total RMD for all and even if it is more or less than the total.

 

Until they fix it try Expert DavidD66 excellent answer here,
https://ttlc.intuit.com/community/retirement/discussion/re-rmd-mismatch/01/3488686#M234445

 

Level 15
Feb 20, 2025 10:19:48 AM

@Paul4434   Be sure to update your program today Feb 20, 2025.  There was an update that fixed the RMD problem.