turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

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

JohnG2
New Member

Why does TurboTax indicate that our PA Public School Retirement (PSERS) pension requires my wife to take an RMD?

She is 70.5 years old, but the pension pays fixed monthly payments.  The 1099-R lists amounts in box 1, 2a, 4 and 7.  The distribution code in box 7 is "7".

Connect with an expert
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

Why does TurboTax indicate that our PA Public School Retirement (PSERS) pension requires my wife to take an RMD?

Yes, the RMD is irrelevant in your situation.  Just say all goes toward your RMD and continue on with the program.

View solution in original post

2 Replies

Why does TurboTax indicate that our PA Public School Retirement (PSERS) pension requires my wife to take an RMD?

She is already meeting the RMD requirements by receiving monthly checks.

Why does TurboTax indicate that our PA Public School Retirement (PSERS) pension requires my wife to take an RMD?

Yes, the RMD is irrelevant in your situation.  Just say all goes toward your RMD and continue on with the program.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies