Should zeros be put in the 1099 R form when the RMD for 2020 was not taken?
03349
1 Best answer
macuser_22
Level 15
Feb 9, 2021 12:58:37 PM
Just delete the 1099-R if no 2020 distribution. Enter it again next year.
3 Replies
DoninGA
Level 15
Feb 9, 2021 10:30:11 AM
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.
krwoodard2012
Returning Member
Feb 9, 2021 12:55:59 PM
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.
macuser_22
Level 15
Feb 9, 2021 12:58:37 PM
Just delete the 1099-R if no 2020 distribution. Enter it again next year.