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New Member
posted Jan 28, 2021 10:10:08 AM

entering pensions and screen says withdrawal, this is not a withdrawal.it is a pension payment! I closed out my 401k years ago!

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1 Replies
Level 15
Jan 28, 2021 10:12:00 AM

Where?  The screen that asks if it is a RMD payment?  Did you just turn 70 1/2?  Say all of it is the RMD.  If you are 70 1/2 it will ask you if it is the RMD.  Say yes.  Anything your pension pays you is considered to be the  RMD.  Traditional pensions automatically fulfill the rules of an RMD.