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lmbkac
New Member

Do I have to include rmd on fidelity Ira that I’ve had for at least 15 years and get the same distribution each month?

If I get the same distribution each month do I need to record on taxes?
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rjs
Level 15
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Do I have to include rmd on fidelity Ira that I’ve had for at least 15 years and get the same distribution each month?

Yes. If you received distributions from an IRA you have to report the distributions on your tax return. Fidelity sent you a Form 1099-R showing the total distributions that you received for the year. You have to enter the 1099-R in TurboTax. If you did not receive the 1099-R in the mail you can download it from your online Fidelity account or call them and ask them to send another copy.

 

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1 Reply
rjs
Level 15
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Do I have to include rmd on fidelity Ira that I’ve had for at least 15 years and get the same distribution each month?

Yes. If you received distributions from an IRA you have to report the distributions on your tax return. Fidelity sent you a Form 1099-R showing the total distributions that you received for the year. You have to enter the 1099-R in TurboTax. If you did not receive the 1099-R in the mail you can download it from your online Fidelity account or call them and ask them to send another copy.

 

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