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Level 1

Yes or No for withdrawal RMD?

 
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Level 11

Yes or No for withdrawal RMD?

If you had a distribution from a deferred tax account/retirement account, they ask if that is a required minimum distribution (RMD).

Most of the time, (but not all cases) an RMD is for those attaining the age of 70 1/2 and have to take distributions from an IRA, 401k, or other retirement account.

If the distribution you took was in fact a RMD, or part of it was an RMD, then answer Yes.   If the withdrawal was not a RMD, then answer no.