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jwenwal
New Member

Where do I declare my RMD from my IRA?

 
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1 Reply
DS30
New Member

Where do I declare my RMD from my IRA?

When you are entering your IRA distribution information using Form 1099-R that you received from your IRA administrator, you will come to a screen in TurboTax that will ask about your RMD titled "About this Retirement Account (See Screenshot).  You can enter your RMD here.

To enter your 1099- R in TurboTax Online or Desktop, please follow these steps:

  1. Once you are in your tax return, click on the “Federal Taxes” tab ("Personal" tab in TurboTax Home & Business)
  2. Next click on “Wages and Income” ("Personal Income" in TurboTax Home & Business)
  3. Next click on "jump to full list" or “I’ll choose what I work on”
  4. Scroll down the screen until to come to the section “Retirement Plans and Social Security”
  5. Choose "show more", then IRA, 401(k),Pension Plans (1099-R) and follow the onscreen instructions

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