Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Returning Member
posted Feb 23, 2025 10:24:40 PM

OPM Annuity RMD

I have OPM Annuity.   Turbo tax asks for RMD amount.  Should I type in zero (0)?

0 1 375
1 Replies
Expert Alumni
Feb 24, 2025 6:06:58 AM

If you have an OPM annuity and TurboTax asks for an RMD amount, here is a way to respond.

 

OPM Annuity Explanation: An OPM annuity is a retirement benefit for federal employees. The annuity payments you receive typically satisfy the Required Minimum Distribution (RMD) requirements.

 

TurboTax Instructions:

  • When TurboTax asks if the withdrawal is an RMD, select "Yes."
  • Confirm that all of the withdrawal is RMD and that it is paid periodically in equal amounts.

No Need to Enter Zero: You do not need to enter zero (0) for the RMD amount. Just follow the prompts and confirm the details as mentioned.

 

For more details, refer to: