How can I tell if moneys from a 1099R (inherited from my mom) are RMD withdrawals? Is there something on the 1099R that shows that?

TurboTax is asking if my 1099R (inherited money from my mother) included RMD withdrawals. How can I tell?

posted

Connect with an expert

1 Reply

How can I tell if moneys from a 1099R (inherited from my mom) are RMD withdrawals? Is there something on the 1099R that shows that?

no it's your responsibility to determine the RMD and have it taken out on time. See IRS Pub 590-B

Still have questions?