RMD? BOX 7 is marked "4" How do i know if my inherited retirement (1099-R) is RMD or not?? help please and thank you

[macuser_22]

Unless you are rolling it back then it does not matter.  The only purpose of the question is to prevent rolling it over.

[KathrynG3]

It depends on your circumstances if this Form 1099-R will count as a Required Minimum Distribution. If it was taken out from a employer sponsored retirement plan, IRA or pension, you would typically have answered yes, but answer no that it was a RMD withdrawal because of the Cares Act.

RMD's were waived in 2020.

For more information, see:

IRS: What if you Inherit an IRA?

[Edited 03/16/2021 | 8:33 AM PST]

@ireallycandothis