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sundston2
New Member

Are monthly distributions from an employment pension plan considered RMD's?

 
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2 Replies

Are monthly distributions from an employment pension plan considered RMD's?

Yes, the total amount received from your pension for the year is an RMD.

MinhT1
Expert Alumni

Are monthly distributions from an employment pension plan considered RMD's?

If you receive your pension in monthly payments then all payments are considered RMDs.

 

In TurboTax, you can answer that the whole sum received is RMD and that your RMD is equal to the total received. 

 

This way, TurboTax will know that you have satisfied all RMD requirements.

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