Solved: 1099 R

Should zeros be put in the 1099 R form when the RMD for 2020 was not taken?

posted

Just delete the 1099-R if no 2020 distribution. Enter it again next year.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

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No. You enter the Form 1099-R as received.

In the follow up screens after the 1099-R entry you will be asked about an RMD.

Thank you for your response. I failed to say that I took No distribution in 2020, so I have not received a 1099-R. I'm wondering what to do about the forms in Turbo Tax as I will have to take a RMD next year.

Just delete the 1099-R if no 2020 distribution. Enter it again next year.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**