There may be several reasons for this error:It's unlikely, but check the entry of your birthday in the My Info section of your return. Please delete the 1099-R and re-enter it. In the entry portion for the 1099-R be sure that Distribution Code should be 7. Confirm this on your 1099-R form This is the most likely issue. See below for a screen shot In the questions that come up after entering the form, you will see: Let's get more information about your Required Minimum Distribution (RMD). Be sure this number is not greater than the RMD amount

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dedeturner48

Question

I've been assessed additional taxes on my RMD on Schedule 2. I'm 76 years old and did not take any amount over my RMD?

Forum|Forum|1 year ago
January 19, 2025
1 reply
0 views

No text available

JohnB5677

There may be several reasons for this error:

It's unlikely, but check the entry of your birthday in the My Info section of your return.

Please delete the 1099-R and re-enter it.

In the entry portion for the 1099-R be sure that
- Distribution Code should be 7.
- Confirm this on your 1099-R form
- This is the most likely issue.
- See below for a screen shot

In the questions that come up after entering the form, you will see:
- Let's get more information about your Required Minimum Distribution (RMD).
- Be sure this number is not greater than the RMD amount