TT: Did you withdraw the remaining RMD during the correction window?

[randyw57]

I turned 73 in 2024 and started taking RMD's.

Fidelity set up a plan to make the distributions each month. 

My 1099-R shows I am one month short.

That distribution was taken in January, 2025.

When TT does a Review it wants me to Check This Entry.

The RMD Excess Accumulation Worksheet has the Yes box selected for item C - Did you withdraw the remaining RMD during the correction window?

The text under 'Check This Entry' says 'Correction Window should not be checked here for an IRA. Select No entry and hit Continue.'

What should I do?  Seems like checking No would mean I failed to take the full RMD and am likely going to be taxed.

Thanks for any help or advice!

[fanfare]

Again, enter the distribution amount from 1099-R as your RMD for 2024.

you don't have an accumulation because you have the grace period to satisfy the calculated RMD.

{TurboTax should note your age and be smarter.]

If Form 5329 is generated, delete and try again.

@randyw57