DanaB27
Expert Alumni

Retirement tax questions

Yes, RMD were waived in 2020. If you did not take RMD and did not get any 1099-R then you will have to delete the 1099-R information from your 2020 return. Also, when TurboTax asks indicate that you were not required to take RMD.

 

  1. Login to your TurboTax Account 
  2. Click on the Search box on the top and type “1099-R”
  3. Click on “Jump to 1099-R” and you should see the “Review your 1099-R info” screen
  4. Click on the "trash icon" to delete the 1099-R information.

You will not have to enter the value of your IRS on the tax return if you didn't take any distribution.

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