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January 28, 2025
Question

How to update my RMD for Allianz LIC. RMD showing as 6071.? Distribution was for 6071.02. TT won't let me add the 2 cents to the RMD amount.

  • January 28, 2025
  • 1 reply
  • 0 views
Turbo Tax complaining about my RMD for Allianz LIC. RMD showing as 6071. Distribution was for 6071.02. TT won't let me add the 2 cents to the RMD amount.

    1 reply

    rjs
    Employee
    January 28, 2025

    Remove the 2 cents from the distribution amount. It will get rounded off on your tax return anyway. The IRS doesn't bother with cents.