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msmoon43
New Member

My mom passed in 2017 I received a disbursement from her annuity. How do I know if the withdrawal is considered an RMD withdrawl?

 
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PaulaM
Expert Alumni

My mom passed in 2017 I received a disbursement from her annuity. How do I know if the withdrawal is considered an RMD withdrawl?

I am sorry for your mother's passing in 2017.

If you took the distribution in one lump sum, then you can answer 'Yes' to the RMD question and that All of the distribution was an RMD.

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4 Replies
PaulaM
Expert Alumni

My mom passed in 2017 I received a disbursement from her annuity. How do I know if the withdrawal is considered an RMD withdrawl?

Did you take a lump sum distribution?
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
msmoon43
New Member

My mom passed in 2017 I received a disbursement from her annuity. How do I know if the withdrawal is considered an RMD withdrawl?

Yes my  half was 10,790.80 listed in box 1 of the 1099-R with 2,029.00 as the taxable amount in box 2a
PaulaM
Expert Alumni

My mom passed in 2017 I received a disbursement from her annuity. How do I know if the withdrawal is considered an RMD withdrawl?

Ok. If you took the entire distribution as a lump sum then say 'Yes' to the RMD question and continue. I will summarize in an answer below.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
PaulaM
Expert Alumni

My mom passed in 2017 I received a disbursement from her annuity. How do I know if the withdrawal is considered an RMD withdrawl?

I am sorry for your mother's passing in 2017.

If you took the distribution in one lump sum, then you can answer 'Yes' to the RMD question and that All of the distribution was an RMD.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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