TurboTax

Level 2

Solved

My mom passed in 2017 I received a disbursement from her annuity. How do I know if the withdrawal is considered an RMD withdrawl?

No text available

Best answer by PaulaM

I am sorry for your mother's passing in 2017.

If you took the distribution in one lump sum, then you can answer 'Yes' to the RMD question and that All of the distribution was an RMD.

Employee Tax Expert

Did you take a lump sum distribution?

**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 2

Yes my half was 10,790.80 listed in box 1 of the 1099-R with 2,029.00 as the taxable amount in box 2a

Employee Tax Expert

Ok. If you took the entire distribution as a lump sum then say 'Yes' to the RMD question and continue. I will summarize in an answer below.

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

Answer

Employee Tax Expert

I am sorry for your mother's passing in 2017.

If you took the distribution in one lump sum, then you can answer 'Yes' to the RMD question and that All of the distribution was an RMD.

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

4 replies