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February 4, 2025
Question

Federal form 1099-R RMD Excess Accumulation Worksheet "Did you withdraw the remaining RMD during the correction window?"

  • February 4, 2025
  • 2 replies
  • 0 views

Whichever box I check yields an error color in the other box.  Both numbers are identical, even to the single decimal point.  No cents are included in either number.  I entered the "Required Amount" exactly the same as the "Amount Distributed" value generated by the program, which rounded up the cents and added a single decimal point.

    2 replies

    February 12, 2025

    Please try entering only full $ amounts without cents.

     

    Please see Why am I getting an RMD distribution amount error?

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    SteamTrain
    Employee
    February 12, 2025

    Or...... for the required RMD amount, enter $1 lower than the actual distribution.

     

    The software only uses that to determine if any "can" be rolled over....and you likely wouldn't roll over $1.

    ____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*