My husband has gotten a pension since he retired in 2012. He never dealt with RMD's or amounts needed to be withdrawn by December. Why does Turbo Tax ask that question?

[buyhenke]

Why Does Turbo Tax want information about monthly Pensions and treat them like RMD's?

[LaShaunA3]

TurboTax asks about RMDs because some pensions (like annuities or certain retirement plans) can be subject to Required Minimum Distribution rules, especially after age 73.

If you received a pension, it generally satisfies the requirements for RMD. Most pensions are set up to automatically pay you at least the required minimum amount each year, so you typically don’t have to calculate an RMD yourself.

However, if you also have other retirement accounts like a traditional IRA or 401(k), those each have their own RMD rules and must be checked separately.

For more information, see

Retirement topics - Required minimum distributions (RMDs)

[VolvoGirl]

He must have turned 73.  Now he has a RMD requirement for all his IRA and 401k accounts.  For a pension, it's whatever they send you. Say all of it is the RMD. If you have a RMD requirement it will ask you if it is the RMD. Say yes and enter the amount as the RMD amount. The pension doesn't need to calculate any RMD. Anything your pension pays you is considered to be the RMD. Traditional pensions automatically fulfill the rules of an RMD. So just enter the same amount in box 1 for the RMD for each 1099R.