How do you enter 5498 RMD payment?

seawitch2 — Sat, 22 Jan 2022 18:15:28 GMT

rmd is considered income. where do you enter in tax form

Re: How do you enter 5498 RMD payment?

DoninGA — Sat, 22 Jan 2022 18:21:42 GMT

If you had a retirement plan distribution in 2021 you will receive a Form 1099-R from the plan administrator in January 2022.

To enter, edit or delete a form 1099-R -

Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Scroll down to Retirement Plans and Social Security
On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button

Or enter 1099-r in the Search box located in the upper right of the program screen. Click on Jump to 1099-R