Actually, you DO NOT report your RMD, per se. Nothing about a RMD actually goes on a tax return, except a penalty for not taking it if it is required.
TTax asks the questions to ensure that you are taking a distribution (after reaching 70 1/2) and help you determine if that distribution does in fact meet the RMD.
The IRS requires RMD amounts to be calculated starting in the year you (or your spouse) become 70 1/2.
Again, you do not actually show an RMD amount on your return.
When you accurately enter your 1099-R, TTax will present you with several screens pertaining to the RMD, and will ask a series of convoluted questions if your are 70 1/2 or older. The purpose of these questions is simply to help you determine IF you have met the RMD criteria so that you can avoid the IRS penalty.
The IRS does not care if you take the RMD from each 1099-R account or if you take it all from one of your 1099-R accounts.
TTax does not report any of the RMD information to the IRS. You do not actually show an RMD amount on your return.
The Financial Institution or plan Administrator of your 1099-R accounts must report the year end Fair Market Value to the IRS, and should also report the FMV to you as well.
It is up to you to determine what your total RMD amount is for all of your 1099-R accounts. Then you need to determine if any distribution(s) that you take (or would normally take) each year is equal to or greater than the total of your RMDs.
An RMD amount is not required to be taken from each/every account --as long as the total of all distributions from all account distributions taken, is equal to or greater than the RMD you don't have to take an RMD from any given account. Just say no distribution was taken.
TTax only presents the RMD questions to ensure that you are aware of the requirement to withdraw the RMD.
The simple answer is that RMD DOES apply to pensions, defined benefit plans, (qualified) pensions, and qualified retirement plans (per IRS regulations). However, not to worry. Your annual pension amount is always greater than what the RMD would be, so simply answer yes. The requirement (for RMD) is not a new IRS requirement; however in 2012 TTax started asking these questions.
Some additional reading:
http://www.irs.gov/Retirement-Plans/Plan-Participant,-Employee/Retirement-Topics---Required-Minimum-....
http://www.irs.gov/Retirement-Plans/Plan-Participant,-Employee/Required-Minimum-Distribution-Workshe....
http://www.irs.gov/Retirement-Plans/Retirement-Plans-FAQs-regarding-Required-Minimum-Distributions#2
"The RMD rules apply to all employer sponsored retirement plans"
You did not roll the money over ..... You did something other than roll it over.
(Please note that the links may 'appear' to be truncated, however they will
work if you hover your mouse over the link you will see the full link.)
https://ttlc.intuit.com/questions/1901335-is-this-an-rmd
