topic Qualified Retirement Pension plan in Retirement tax questions

Qualified Retirement Pension plan

Greywolfia69 — Wed, 11 Feb 2026 04:44:03 GMT

Why is TurboTax asking me about RMD this year for a Pension plan I have been collecting since 2014? It is not an IRA. Prior years it did not. Income is from a Qualified Plan from a former employer.

Re: Qualified Retirement Pension plan

DoninGA — Fri, 02 Feb 2024 15:25:18 GMT

All pension income is an RMD, so where asked if this was an RMD answer Yes.

This question has been in the TurboTax program for years when completing a Form 1099-R.

Re: Qualified Retirement Pension plan

VolvoGirl — Fri, 02 Feb 2024 15:55:16 GMT

It's asking about RMD because you must have turned 70 1/2 or older during the year.

Re: Qualified Retirement Pension plan

Origin59 — Sat, 30 Mar 2024 20:12:49 GMT

No, this is from my retirement pension from Ford Motor Company. It is not an RMD, it's my pension from the qualified employer program, how do I report , it not a rollover either?

Don

Re: Qualified Retirement Pension plan

DoninGA — Sat, 30 Mar 2024 20:14:49 GMT

@Origin59 wrote:

No, this is from my retirement pension from Ford Motor Company. It is not an RMD, it's my pension from the qualified employer program, how do I report , it not a rollover either?

Don

If you are age 70 1/2 or older all of the pension income is an RMD, so where asked if this was an RMD answer Yes.

Re: Qualified Retirement Pension plan

VolvoGirl — Sat, 30 Mar 2024 20:49:23 GMT

Just say YES it is all the RMD. The pension doesn't need to calculate any RMD. Anything your pension pays you is considered to be the RMD. Traditional pensions automatically fulfill the rules of an RMD. Just enter the 1099R exactly as shown.