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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?

 
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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.

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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