turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

How do I report monthly distributions from pension? This is not a required distribution because I reached the age of 70.5 years in 2016. It should go in 12a on1040A.

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
dmertz
Level 15

How do I report monthly distributions from pension? This is not a required distribution because I reached the age of 70.5 years in 2016. It should go in 12a on1040A.

Actually, even pensions have RMDs.  It's just not commonly recognized since the distributions from your pension are all RMD and the entire RMD required of the pension.

View solution in original post

1 Reply
dmertz
Level 15

How do I report monthly distributions from pension? This is not a required distribution because I reached the age of 70.5 years in 2016. It should go in 12a on1040A.

Actually, even pensions have RMDs.  It's just not commonly recognized since the distributions from your pension are all RMD and the entire RMD required of the pension.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies