Should I report a pension plan payout as an RMD?

[Tigger-One]

My husband receives a monthly distribution from his company’s pension plan. Turbo Tax wants to know is this is all an RMD amount.  Do I report this as an RMD even though RMD doesn’t apply to pensions?

[Jack6337]

Not all pensions are subject to the RMD for example a pension that is based on years of service and a salary figure (could be an average of a specified period) does not qualify for the RMD.  There is no sum of money in an account on which to base a RMD number.

[dmertz · Accepted solution]

Yes, under the law it is a required distribution.  Indicate that it is all RMD and his entire RMD with respect to this pension.

[Tigger-One]

Thank you for your quick response.