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_JwT
New Member

Mass. Teachers Retirement (YOU claim) has RMD but no way to tell how much it's to be. I bet RMD is Not Applicable for a pension plan. but what must I answer? All?

I don't have any choice how much payment, it's fixed.
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MichaelDC
New Member

Mass. Teachers Retirement (YOU claim) has RMD but no way to tell how much it's to be. I bet RMD is Not Applicable for a pension plan. but what must I answer? All?

For pension distributions, the RMD is satisfied by simply receiving pension periodically. 

You may select "yes" to the RMD question (Was this withdrawal RMD and ALL of this was RMD).  You will also be asked if the amount reported is paid periodically in equal amounts.  By selecting "yes" the RMD requirements are met and you may continue with the tax preparation.

 

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1 Reply
MichaelDC
New Member

Mass. Teachers Retirement (YOU claim) has RMD but no way to tell how much it's to be. I bet RMD is Not Applicable for a pension plan. but what must I answer? All?

For pension distributions, the RMD is satisfied by simply receiving pension periodically. 

You may select "yes" to the RMD question (Was this withdrawal RMD and ALL of this was RMD).  You will also be asked if the amount reported is paid periodically in equal amounts.  By selecting "yes" the RMD requirements are met and you may continue with the tax preparation.

 

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