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February 13, 2025
Question

How do I correct an incorrect number Turbo Tax entered?

  • February 13, 2025
  • 1 reply
  • 0 views
Why does Turbo Tax say I have an RMD when I dont?

    1 reply

    RachelW33
    February 23, 2025

    If you receive periodic (monthly) payments from a Pension or Annuity, these are considered Required Minimum Distributions (RMD's).  

     

    When TurboTax asks for the RMD due by Dec 31, 2024, you should put the full amount of the distribution from Box 1 of your Form 1099-R.

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