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.

How do I know if money I inherited was a RMD? The financial institution is not answering.

 
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.

2 Replies

How do I know if money I inherited was a RMD? The financial institution is not answering.

Just answer “yes”

KrisD15
Expert Alumni

How do I know if money I inherited was a RMD? The financial institution is not answering.

Yes, it is best to indicate that this distribution is part of the RMD. 

Since you really don't know if the Required Minimum Distribution was taken or not, indicating that this distribution counts towards that requirement can only be a benefit if needed and does no harm if it isn't needed. 

 

@planettax1 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies