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Jnelso
New Member

Turbo tax seems to be suggesting that my pension is subject to RMD

Is a pension subject to RMD
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2 Replies

Turbo tax seems to be suggesting that my pension is subject to RMD

All pensions reported on a Form 1099-R are an RMD.

dmertz
Level 15

Turbo tax seems to be suggesting that my pension is subject to RMD

More specifically, all periodic pension payments for life or a period of 10 years or more are required distributions (RMDs).  A payment from a pension in the form of a pension buyout would not be all RMD although it might include some amount of RMD.

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