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Get your taxes done using TurboTax
Yes, you do need to report your RMD on your tax return. The account owner is taxed at his/her income tax rate on the amount of the withdrawn RMD but if the RMD is a qualified distribution from a Roth IRA, it is tax free. Also, any part that was already taxed is tax free (to the extent the RMD is a return of basis). You should have received a 1099R for your distribution from your financial institution.
Contact your financial institution regarding your missing 1099-R. Review IRS topic What to do if I do not receive my W2 or 1099R?
Your RMD is reported on your Form 5498 not your Form 1099-R. You would have received it last year. If you haven't received your Form 5498, contact your plan administrator.
For more information, please refer to the IRS FAQs Retirement Plan and IRA Required Minimum Distributions FAQs. You can also review the TurboTax articles What is an RMD? and Why don't I have an RMD listed on my 1099-R?
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