TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Level 1

Question

How to report the RMD without 1099-R ?

Forum|Forum|4 years ago
February 14, 2022
4 replies
37 views

The New Direction trust co. does not issue 1099-R for the RMD. How should i report the RMD taken by me on my tax return?

TurboTax Live Premier Online

Level 15

If you cannot get a 1099-R issued for your retirement distributions (please verify with the plan administration) then you will have to create a substitute 1099-R:

Login to your TurboTax Account
Click on the Search box on the top and type “1099-R”
Click on “Jump to 1099-R”
Select "Change how I enter my form" on the "Let's import your tax info" screen
Select "Type it myself"
Continue through the questions until the "Do any of these situations apply to you?" screen select "I need to file a substitute 1099-R"

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

Level 15

Just curious; did The New Direction trust co. explain why they think they don't have to issue a 1099-R for the RMD? It's a distribution. Their own web site says you'll get one for a "distribution" (though RMD is not specifically mentioned).

https://ndtco.com/blog/a-guide-to-ira-tax-documents/

Level 15

If the amount of the RMD paid in 2021 was $10 or more, they must issue a 2021 Form 1099-R, otherwise they are in violation of IRS requirements.

Level 15

you probably threw away the document with junkmail
they did not mail them out yet.
The Post Office is very slow.

Level 2

If you didn’t take any distributions you don’t get the form. However you still need to enter the RMD so they can take 1/2 of it.