Box 7 - 1099r is code 4. TT asks if this is a RMD. Firefighter pension is tax free. How do I answer if it is RMD or not? Doing taxes for my mom, dad died at 65.
Box 7 - 1099r is code 4. TT asks if this is a RMD. Firefighter pension is tax free. How do I answer if it is RMD or not? Doing taxes for my mom, dad died at 65.
Answer Yes to the RMD questions. Monthly pensions automatically include the RMD.
**Answers are correct to the best of my ability but do not constitute tax or legal advice.