- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Yes, the answer would be None of this withdrawal was a RMD.
Entering this answer will avoid the 50% penalty. The Lump Sum Distribution that you received will be taxed as ordinary income.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 1, 2022
12:16 PM