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Level 2
February 28, 2026
Question

Regarding RMD, should the gross (before taxes) or net amount (after taxes) be entered?

  • February 28, 2026
  • 3 replies
  • 54 views
Turbotax is asking the amount of the RMD that was due by Dec. 31, 2025. Is this the gross or the net amount of the RMD I received?

3 replies

MaryK4
Level 15
February 28, 2026

The RMD is calculated on the account balance of the retirement account, so you want to enter the GROSS amount.

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Level 2
March 3, 2026

Thank you very much.  I more-or-less expected it to be the gross amount, but thank you for confirming that.

SteamTrain
Level 15
February 28, 2026

@jamesmichaelmain 

 

The Gross amount.  Usually Box 1 on your 1099-R

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*