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can I enter the dollar amount as an annuity pension and not a rmd ?

what does RMD stand for?
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2 Replies
DawnC
Employee Tax Expert

can I enter the dollar amount as an annuity pension and not a rmd ?

Required Minimum Distribution.    Enter your 1099-R exactly how it appears.  Where do I enter a 1099-R?  And then be sure to answer all of the follow-up questions.   What is an RMD?  

 

What is the RMD once I reach the age of 72?

 

If you are receiving an error regarding your required minimum distribution amount (RMD), please sign up for notifications using one of the links below, depending on your situation.

 

Why am I getting an RMD distribution amount error?

 

Why am I unable to enter my state distributions in my 1099-R?

 

 

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can I enter the dollar amount as an annuity pension and not a rmd ?

For the RMD, It's whatever they send you. Say all of it is the RMD. If you have a RMD requirement it will ask you if it is the RMD. Say yes and enter the amount as the RMD amount. The annuity or pension doesn't need to calculate any RMD. Anything they pay you is considered to be the RMD. Traditional pensions automatically fulfill the rules of an RMD. So just enter the same amount in box 1 for the RMD for each 1099R.

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