MayaD
Expert Alumni

Retirement tax questions

Simply select "yes" to the RMD question (Was this withdrawal RMD and all of this was RMD).  You will also be asked if the amount reported is paid periodically in equal amounts.  By selecting "yes" the RMD requirements are met and you may continue with the tax preparation.

The answer to the question does not go on your tax return, it is just to make sure you do not owe any penalty for not taking the RMD.

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