Retirement tax questions

If you took money out of a retirement account, the plan can tell you how much of it was your RMD.  TurboTax cannot figure that out for you.  If you knew how to take money out, you know how to contact the plan that has your retirement account.

 

 

You should have a 1099R for the money you took from a retirement account.  If your 1099R is for money from a pension it is all an RMD.  

 

To enter your retirement income, Go to  Federal> Wages and Income>Retirement Plans and Social Security>IRA  401 k) Pension Plan Withdrawals to enter your 1099R.

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**