379607
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Turbo tax 2018 is asking about RMD. I do NOT have 401 K. I receive retirement pay from US Army and from the company I worked for and SSA. Do I have to worry about RMD?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
Ashby
New Member

Turbo tax 2018 is asking about RMD. I do NOT have 401 K. I receive retirement pay from US Army and from the company I worked for and SSA. Do I have to worry about RMD?

You could very well be receiving an RMD through a pension from the company you worked for. There is not RMD from the Army or SSA. But, the great majority of company retirement plans do have an RMD. In  all likelihood you can just answer yes to the RMD question. See below for a great answer from one of our SuperUsers.

https://ttlc.intuit.com/replies/5381439

View solution in original post

1 Reply
Ashby
New Member

Turbo tax 2018 is asking about RMD. I do NOT have 401 K. I receive retirement pay from US Army and from the company I worked for and SSA. Do I have to worry about RMD?

You could very well be receiving an RMD through a pension from the company you worked for. There is not RMD from the Army or SSA. But, the great majority of company retirement plans do have an RMD. In  all likelihood you can just answer yes to the RMD question. See below for a great answer from one of our SuperUsers.

https://ttlc.intuit.com/replies/5381439

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question