https://ttlc.intuit.com/community/retirement/discussion/pension-and-rmd/01/3213185#M213382 <P>I understand that all of my pension payments are considered an RMD, but I also have an IRA, do I have to calculate an RMD for the IRA?</P> Tue, 10 Feb 2026 10:56:26 GMT IHike2 2026-02-10T10:56:26Z https://ttlc.intuit.com/community/retirement/discussion/pension-and-rmd/01/3213185#M213382 <P>I understand that all of my pension payments are considered an RMD, but I also have an IRA, do I have to calculate an RMD for the IRA?</P> Tue, 10 Feb 2026 10:56:26 GMT https://ttlc.intuit.com/community/retirement/discussion/pension-and-rmd/01/3213185#M213382 IHike2 2026-02-10T10:56:26Z https://ttlc.intuit.com/community/retirement/discussion/re-pension-and-rmd/01/3213216#M213385 <P><SPAN style="font-size:14px;">If you are 72 and&nbsp;older, TurboTax will ask several questions when entering your 1099-R information. The purpose of these questions is to help you determine if<I> </I>you have met the RMD criteria so that you can <STRONG>avoid the IRS penalty</STRONG>.</SPAN></P> <P>&nbsp;</P> <P><SPAN style="font-size:14px;">&nbsp;<I>Your 1099-R issuer is required to follow RMD rules and regulations, so if you received a distribution and you're at least 72 years young, you can be almost certain you received an RMD. Check with your plan administrator if you're still not sure.</I></SPAN></P> <P>&nbsp;</P> <H2><A href="https://www.irs.gov/retirement-plans/retirement-plan-and-ira-required-minimum-distributions-faqs#:~:text=Generally%2C%20a%20RMD%20is%20calculated,Individual%20Retirement%20Arrangements%20(IRAs)." target="_blank"><SPAN style="font-size:14px;"><I><STRONG>How is the amount of the RMD calculated?</STRONG></I></SPAN></A></H2> Fri, 23 Feb 2024 16:45:51 GMT https://ttlc.intuit.com/community/retirement/discussion/re-pension-and-rmd/01/3213216#M213385 MayaD 2024-02-23T16:45:51Z