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Retirement tax questions
@Advisor - Don't be mislead by the apparent date of the question (6/6/2019). This thread was migrated from the old answer exchange on that date but the question could be several years old. TurboTax asks the RMD questions in two different places, first for each 1099-R that required a RMD and non-qualified annuities do not ask that question (at least for the 2018 software). Later TurboTax will blindly ask for anyone over 70 1/2 if the years RMD has been taken for *any* qualified employer plans or Traditional IRA. The answer does not go on a tax return, it is simply to be sure that any RMD obligation has been met and act as a reminder. If there is no such account or requirment then simply answer that the RMD is not required.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎September 24, 2019
3:30 PM