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Level 1
February 14, 2022
Question

Is the gross distribution of a CSA 1099R a RMD? The is a monthly annuity paid by the federal government.

  • February 14, 2022
  • 1 reply
  • 2 views
how do i review my 2020 answers?

1 reply

VolvoGirl
Level 15
February 14, 2022

Say all of it is the RMD.  If you are 70 1/2 it will ask you if it is the RMD.  Say yes.  Anything your pension pays you is considered to be the  RMD.  Traditional pensions automatically fulfill the rules of an RMD.

Hal_Al
Level 15
Level 15
February 14, 2022

72 is the new 70½ .

If you reached age 70 ½ in 2020 or later you must take your first RMD by April 1 of the year after you reach 72.