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I receive money monthly automatically from 2 pensions, is that considered withdrawal?

 
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2 Replies
JamesG1
Expert Alumni

I receive money monthly automatically from 2 pensions, is that considered withdrawal?

Yes, these are likely considered withdrawals.  Have you received IRS form 1099-R's reporting these distributions?

 

 

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dmertz
Level 15

I receive money monthly automatically from 2 pensions, is that considered withdrawal?

These are distributions for which TurboTax uses the poorly chosen word "withdrawals."

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