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Get your taxes done using TurboTax
for pensions your payout is to be considered RMD for purposes of TurboTax questions, which are confusing.
a pension is not an IRA.
for IRAs, you have to add the value of all accounts that are Traditional IRAs and calculate the RMD on that amount.
a 401k is not an IRA.
you have a separate RMD on each 401k account that belongs to you.
‎April 20, 2023
9:04 PM