How do I calculate my RMD?

[janet73]

Turned 73 August 2024. Not sure where to fund RMD due by December 31, 2024 dollar amount. Is this something I need to calculate myself?

[xmasbaby0]

The financial institution that handles your retirement account can tell you to the penny how much your RMD is supposed to be--contact them or go on their website to find your RMD amount.

[VolvoGirl]

Are you getting a pension?  For a pension it's whatever they send you. Say all of it is the RMD. If you have a RMD requirement it will ask you if it is the RMD. Say yes and enter the amount as the RMD amount. The pension doesn't need to calculate any RMD. Anything your pension pays you is considered to be the RMD. Traditional pensions automatically fulfill the rules of an RMD. So just enter the same amount in box 1 for the RMD for each 1099R. 

[fanfare]

According to IRS, your RMD for 2024 is Zero.

Due to TurboTax issues.
to avoid wrongful penalty, for each 1099-R, tell TurboTax that the calculated required amount is -0-.

which, in your case, is true.

@janet73