I have 2 IRA's both with RMD's. I took less than the RMD from one account and more than the RMD from the other account. The total withdrawal was more than the total RMD. I believe that is acceptable; will TurboTax allow me to enter it correctly?
Yes. There was a problem that got fixed on Feb 20. Just go slow and answer the followup questions.
Enter a 1099R under
Federal Taxes
Wages & Income
Then scroll way down to Retirement Plans and Social Security
Then IRA, 401(k), Pension Plan Withdrawals (1099-R) – Click Start
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
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