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kmy_
New Member

RMD Due for OPM Survivor Annuity

Needs clarification.....

Someone is 95 years old, and getting monthly OPM Surivor Annuity payments that include the withholding of federal taxes, my question is:  What dollar amount is Turbotax asking for, when asked "RMD due by Dec 31, 2024", is it the monthly gross, monthly net or the gross distribution?

 

OPM determines what the annuity amount is.

 

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1 Reply

RMD Due for OPM Survivor Annuity

Say all of it is the RMD.   If you need to start taking the RMD it will ask you if it is the RMD.  Say yes.  Anything your pension pays you is considered to be the  RMD.  Traditional pensions automatically fulfill the rules of an RMD. So for the RMD question put in the same amount as box 1.

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