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Get your taxes done using TurboTax
Edit each 1099-R again. Updates to the software have introduced some new questions that are supposed to help the RMD calcs and questions.
But yes, the regular payments you get from a pension provider are considered an RMD (once you reach age 73).......you just have no control over the amount...that was pre-determined by the provider when your pension payments started...but TTX doesn't ask about them until you reach age 73.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
‎February 20, 2025
7:03 AM