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Larryware
New Member

PBGC

Turbo Tax is asking me for the RMD for this account.  PBGC has taken over a default pension plan and has dictated to my sister the fixed monthly amount.  She is over 75 and is paying federal taxes on the amount and has been for the past number of years.  Tax is treating it like a qualified plan RMD distribution and is requesting that i plug in the RMD amount for 2025.  What am i missing in the system?

 

Larry Ware

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