@sc3p wrote:
Thank you, very helpful. None of the agents for the several 1099r distributions, as well as pensions could answer that simple question.
90% of agents have never heard of a RMD for a pension because it is automatic by the plan trustee and the agents have nothing to do with the payments.
TurboTax asks the question for anyone over age 70 1/2 because many types of plans can have the same 1099-R codes so there is no way to know if it is a periodic pension distribution or some other type of account.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
