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New Member
posted Feb 9, 2021 2:52:06 PM

When I enter the RMD amount from an inherited benefit do I enter the before tax amount or the amount that I received in the check?

I had taxes withheld.

0 2 337
2 Replies
Expert Alumni
Feb 9, 2021 3:04:52 PM

The amount taxable is the gross RMD amount.

 

You have to report the amount in box 1 of your form 1099-R.

 

Taxes withheld are reported in box 4.

New Member
Feb 12, 2021 9:29:29 AM

Thank you