Do i have to report money from RMD

jerry716_2000 · ‎January 15, 2022

xmasbaby0 · ‎January 15, 2022

If you took money out of your retirement account for anything --- you will receive a 1099R from the custodial of the account in late January or early February. And you must enter it.

To enter your retirement income, Go to Federal> Wages and Income>Retirement Plans and Social Security>IRA 401 k) Pension Plan Withdrawals to enter your 1099R.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Hal_Al · ‎January 16, 2022

Yes. That's the purpose of a REQUIRED minimum distribution (RMD): to now tax what had been tax deferred money.

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Do i have to report money from RMD