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New Member

I received a pension last year but Turbo Tax says I should of had a RMD withdrawal. This was not a 401k that I paid into so I should not have a RMD withdrawal, right?

 
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VolvoGirl
Level 15

I received a pension last year but Turbo Tax says I should of had a RMD withdrawal. This was not a 401k that I paid into so I should not have a RMD withdrawal, right?

If you are 70 1/2 or older it will ask if you took the RMD.  Say yes for pensions.  Anything your pension pays you is considered to be the RMD.

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VolvoGirl
Level 15

I received a pension last year but Turbo Tax says I should of had a RMD withdrawal. This was not a 401k that I paid into so I should not have a RMD withdrawal, right?

If you are 70 1/2 or older it will ask if you took the RMD.  Say yes for pensions.  Anything your pension pays you is considered to be the RMD.

View solution in original post

popularsite
New Member

I received a pension last year but Turbo Tax says I should of had a RMD withdrawal. This was not a 401k that I paid into so I should not have a RMD withdrawal, right?

Thank you.
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