Skip to main content
Level 2
June 1, 2019
Question

RMD how does it work with a pension plan and monthly distribution.

  • June 1, 2019
  • 6 replies
  • 27 views
I get a monthly pension check from my Delta Airlines self funded pension plan.  I retired in 2000 and an 71 and 1/2 years old.  Does the monthly distributing meet the RMD requirements and if so  how should the questions be answered on the tax forms through Turbo Tax.

6 replies

Level 15
June 1, 2019

That part of the program confuses a lot of taxpayers.  It does not apply to you.  Say that the distributions meet the requirement for your RMD.

Level 2
June 1, 2019
So we should have selected Grover Received all the RMD for 2016 in Turbo tax. I skipped that part can I go back and change it?
Level 2
February 2, 2020

Intuits asks "how much of annual income applies to RMD"  Should we write in the entire amount ?

DoninGA
Level 15
Level 15
February 2, 2020

@jeffk451 wrote:

Intuits asks "how much of annual income applies to RMD"  Should we write in the entire amount ?


If you are age 70 1/2  or older then All of your pension is an RMD.