turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Dr_Bard
Returning Member

How do I enter RMD information into TurboTax? How do I show that I took distributions greater than my RMD?

I have not yet hit age 73, so I am not subject to RMD yet.  When I am, how do I enter RMD info into TurboTax?  How do I show that this year's distributions exceed RMD requirement?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

How do I enter RMD information into TurboTax? How do I show that I took distributions greater than my RMD?

Money you take out of a retirement account is reported on a 1099R which you will receive (or import) in late January/mid-February for your tax return.  You simply enter the 1099R into the tax software and then answer a question in the software as to whether the distribution was an RMD.  

 

 

To enter your retirement income, Go to  Federal> Wages and Income>Retirement Plans and Social Security>IRA  401 k) Pension Plan Withdrawals to enter your 1099R.

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies