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Level 1
January 28, 2023
Solved

RMD

  • January 28, 2023
  • 1 reply
  • 2 views

I chosed to delay my first distribution  till March 31,2023. How do I enter this on TurboTax.. in the program it gives me 3 choices 1 I received my rmd , 2 I did not received all of my rmd and 3 I was not required to receive an rmd. 

In my case I was required but I was allowed to delay till March because it is my first distribution. 

Best answer by fanfare

you were not required to receive an RMD because you have until April1 to take it.

the answer is 3)

 

@Joe19501 

1 reply

fanfare
fanfareAnswer
Level 15
January 28, 2023

you were not required to receive an RMD because you have until April1 to take it.

the answer is 3)

 

@Joe19501 

fanfare
Level 15
January 28, 2023

why are you entering anything about RMD, since you don't have a 1099-R for it?

 

@Joe19501 

VolvoGirl
Level 15
January 28, 2023

Right, you don't enter anything unless you got a 1099R for 2022.  Just skip it.