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I receive an amount each month from my ex-husband's retirement account from the government. This is asking me questions about rmd, which I do not understand.
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June 3, 2019
10:31 AM
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Retirement tax questions
Just say Yes it is the RMD. Anything the pension pays you is considered to be the RMD.
June 3, 2019
10:31 AM
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Retirement tax questions
When you are over 70 1/2 you need to withdraw a certain amount from a retirement IRA or fund that was deferred income ( ie. no taxes have been paid on it). RMD is that Required Minimum Distribution. There is a calculation to determine the amount based upon current value of the IRA or fund. I suspect this is not a deferred income, so you would not treat this as part of a RMD.
June 3, 2019
10:31 AM
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Retirement tax questions
I have checked the box NO and the page is still stuck, it will not go forward or back, now what do I do?
June 3, 2019
10:31 AM