Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Feb 12, 2021 11:21:44 AM

How much of Military retirement pay is RMD? Entire distribution Only part of the distribution None of the withdrawal ?

0 1 174
1 Replies
Expert Alumni
Feb 12, 2021 11:46:13 AM

The RMDs have been waived for tax year 2020.

 

Please read this IRS document for more information.

 

In TurboTax, for your military retirement, you can choose either The entire distribution was a RMD or None of this withdrawal was a RMD. There is no penalty.