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plavanish
New Member

I did not take an RMD from my IRA in 2020. We are not required. Do I have to, with Turbo tax file what was my RMD and that I took zero funds or can I just ignor it.

 
2 Replies
DoninGA
Level 15

I did not take an RMD from my IRA in 2020. We are not required. Do I have to, with Turbo tax file what was my RMD and that I took zero funds or can I just ignor it.

Did you take a distribution from the retirement account in 2020 and receive a Form1099-R?

macuser_22
Level 15

I did not take an RMD from my IRA in 2020. We are not required. Do I have to, with Turbo tax file what was my RMD and that I took zero funds or can I just ignor it.

If you did not take any 2020 distribution and the 1099-R carried over from last year then just delete the 1099-R form.

 

Go to the 1099-R section and delete the form.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
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