Skip to main content
April 26, 2025
Question

why is TurboTax premier not counting my 1099-R distributions as RMD

  • April 26, 2025
  • 1 reply
  • 0 views

Turbotax premier is not calculating my 1099-R distributions as a RMD.   How do I override or what's the fix for this problem?

    1 reply

    April 26, 2025

    Not sure what you mean by "not calculating" your distribution as an RMD.   The tax is not calculated differently for the distribution.   When it asked if the money you took out of your retirement account was an RMD, how did you answer the question?

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
    fanfare
    April 27, 2025

    Due to 2024 TurboTax issues.
    to avoid wrongful penalty, for each 1099-R, tell TurboTax that the calculated required amount is -0-.

     

    @KenMO