Retirement tax questions

@tklink88 

 

And if it is for a 1099-R you received for a pension you get automatically....monthly....the RMD is just what is showing in box 1 of that 1099-R.

 

For things like actual IRAs, or 401k/TSP accounts....any retirement account where you control when you you take out the $$.....those do require that you arrange to get the proper RMD calculated and issued to you each year.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*