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New Member

Im having trouble with entering info from a CSA Form 1099-R Turbo Tax wants to treat this as an IRA Distrubtion and requesting RMD What is wrong?

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4 Replies
Fern
New Member

Im having trouble with entering info from a CSA Form 1099-R Turbo Tax wants to treat this as an IRA Distrubtion and requesting RMD What is wrong?

RMD is required for all retirement accounts.  That is why Turbo Tax has to ask the question, even for pensions.

For pensions, if it is a qualified plan, the RMD requirement is met because you are receiving periodic payments.  However, if you have the ability to control the payments amount, then you must calculate the proper RMD amount to withdraw.

If you are receiving a pension and cannot change the monthly amount, respond yes that you have taken your RMD for this retirement account.
gosh
Returning Member

Im having trouble with entering info from a CSA Form 1099-R Turbo Tax wants to treat this as an IRA Distrubtion and requesting RMD What is wrong?

This form is for a Government retirement and is a CSA-1099-R not a 1099-R.  In the past it I have been able to enter it in the CSA category.  What happened?

gosh
Returning Member

Im having trouble with entering info from a CSA Form 1099-R Turbo Tax wants to treat this as an IRA Distrubtion and requesting RMD What is wrong?

Do you have a Civil Service retirement?

AmyC
Expert Alumni

Im having trouble with entering info from a CSA Form 1099-R Turbo Tax wants to treat this as an IRA Distrubtion and requesting RMD What is wrong?

Yes. See Where do I enter my CSA 1099-R?

 

@gosh

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