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Retirement tax questions
These replies are not making sense. My Qualified Pension Plan administrator told me there is NO RMD requirement. So if I cannot use my pension payments to count as RMD for my IRAs, why does TurboTax ask if I want all or part of my pension payments to count as my RMD? I answered YES when I filed my 2022 taxes (as you recommend) and it then asked how much of my pension payments did I want counted as my RMD. I did want some of my pension to count so I entered an amount. TurboTax did not have a problem with these answers. Furthermore, in previous tax filings, I answered NO to the original question (did I want my pension to count as an RMD). And TurboTax never had an issue with that either. So, I am left concluding that the IRS will consider pension payments to count as RMD for IRAs. And this is what I'm trying to get a tax expert to verify before I count on this for my 2023 tax filing. Please let me know if pension payments can be used as RMD for IRAs. If not, this page on TurboTax needs an update to eliminate this confusion.