I amat the form that says rmd amount should not be less than the distribution amount that is for the rmd. What does this mean. I took out more was required?
I amat the form that says rmd amount should not be less than the distribution amount that is for the rmd. What does this mean. I took out more was required?
Turbo Tax changed this year. When it asks about the RMD it is only asking for that one 1099R. You need to enter the amount in box 1 on that single 1099R for the RMD, not the total RMD for all. Even if they would add up to more or less. And maybe try leaving the cents off both the 1099R and the RMD questions.