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I entered the RMD amount I received but I do not see it listed with the income

The RMD I reported is not listed with income- is that because Fed Inc Tax was withheld?

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3 Replies

I entered the RMD amount I received but I do not see it listed with the income

The whole gross amount should be on line 4a and 4b.  Make sure you have the right taxable amount on line 4b.  The withholding will be on line 16.  
Coleen3
Intuit Alumni

I entered the RMD amount I received but I do not see it listed with the income

If you included your 1099-R for your RMD, look for it on Line 4a and 4b of your 1040. See the screen shot below for what the entry should look like.

RMD stands for Required Minimum Distribution. It's the minimum amount of money you're required to take out of your retirement plan once you turn 70 1/2.

RMD rules apply to all employer-sponsored retirement plans such as pensions, profit-sharing, 401(k), 403(b), and 457(b) plans, as well as Traditional IRAs and IRA-based plans such as SEPs, SARSEPs, and SIMPLE IRAs. However, RMDs are not required for Roth IRAs while the owner is still alive.

Your 1099-R issuer is required to follow RMD rules and regulations, so if you received a distribution and you're at least 70 1/2 years young, you can be almost certain you received an RMD. Check with your plan administrator if you're still not sure.


Coleen3
Intuit Alumni

I entered the RMD amount I received but I do not see it listed with the income

What exactly is the problem? What's happening?
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