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New Member
posted Apr 12, 2022 12:37:58 PM

Do I list RMD amount if I can't find a !099-R?

Is a 1099-R required with out having the form?

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2 Replies
Expert Alumni
Apr 12, 2022 12:51:28 PM

You need the 1099-R that shows the distribution amount in box 1 to properly report your Required Minimum Distribution (RMD).  Contact whoever sent you the RMD payment and request a copy of your Form 1099-R; it must be reported on your tax return.   

 

RMD stands for required minimum distribution. It's the minimum amount of money you're required to take out of your retirement plan once you turn 72.

 

RMD rules apply to all employer-sponsored retirement plans, such as pensions, profit-sharing, 401(k), 403(b), and 457(b) plans, as well as Traditional IRAs and IRA-based plans, such as SEPs, SARSEPs, and SIMPLE IRAs. 

 

Your 1099-R issuer is required to follow RMD rules and regulations, so if you received a distribution and you're at least 72 years young, you can be almost certain you received an RMD. Check with your plan administrator if you're still not sure.

Level 15
Apr 12, 2022 2:04:59 PM

 

log in to your custodian website to find all your tax documents online.