1. I have a K-1 form to file non-IRA and Turbo asks questions that are not apparently on the K-1 form.

2. It wasn't until I contacted Fidelity that I was able to get my RMD, to late to get it posted, before 2013 was over. I have since withdrawn more than enough
To cover the RMD. Should I include this oversight with my 2013 filing or should I send a letter later with an explanation of why I missed the RMD date? My other RMD's were posted properly for 2013.

1). Not sure how to handle this issue because I do not use TurboTax. Are you sure you are using the correct Schedule K?

2) You have a problem, because the IRS is going to react to the Form 5498 which shows no RMD and respond with a notice assessing the required penalty. At that time, you may be able to get them to waive the penalty if you explain what happened.

Thanks, contacted TT and they helped me get thru the K-1.

My RMD, I guess I will wait until IRS contacts me. I did take out more than necessary to cover the mistake. I also did away with Fidelity. Generally when I determine the RMD, I respond in March or April as opposed to waiting until the end of the year so they get their money (IRS).

A fair number of people want to "do away with Fidelity", but I think you mean you mean you cancelled your account with them.

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Originally Posted by AtlantaTaxExpert

A fair number of people want to "do away with Fidelity", but I think you mean you mean you cancelled your account with them.

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Yes Sir, Correct