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c9340
New Member

Is RMD considered after my husband has been getting Retirement for 10+ years & just turned 73 in 2022?

Turbo Tax asks the question is this withdrawal RMD.  He gets a monthly payment.
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2 Replies

Is RMD considered after my husband has been getting Retirement for 10+ years & just turned 73 in 2022?

Say all of it is the RMD.  If you are 72  it will ask you if it is the RMD.  Say yes.  Anything your pension pays you is considered to be the  RMD.  Traditional pensions automatically fulfill the rules of an RMD.

ErnieS0
Expert Alumni

Is RMD considered after my husband has been getting Retirement for 10+ years & just turned 73 in 2022?

Yes. All your pension income counts as a required minimum distribution because you get a fixed amount, unlike an individual retirement account where you decide how much you want to take out.

 

See Are pension payments considered RMDs?

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