topic i receive a very small pension that was my husbands ($188/mo). He was already taking this when he passed. I was the beneficiary. TT wants me to treat like an IRA ? in Retirement tax questions

i receive a very small pension that was my husbands ($188/mo). He was already taking this when he passed. I was the beneficiary. TT wants me to treat like an IRA ?

Myrosetree — Tue, 03 Feb 2026 06:50:34 GMT

Re: i receive a very small pension that was my husbands ($188/mo). He was already taking this when he passed. I was the beneficiary. TT wants me to treat like an IRA ?

xmasbaby0 — Fri, 10 Jan 2025 02:57:52 GMT

Did you get a 1099R for the pension?

To enter your retirement income, Go to Federal> Wages and Income>Retirement Plans and Social Security>IRA 401 k) Pension Plan Withdrawals to enter your 1099R.

Re: i receive a very small pension that was my husbands ($188/mo). He was already taking this when he passed. I was the beneficiary. TT wants me to treat like an IRA ?

Myrosetree — Fri, 10 Jan 2025 03:00:58 GMT

I've been getting this for years. This isn't about the 1099-R. What's puzzling is TT is asking about RMD ....

it's a monthly distribution that i;ve receved since 2013... but it's trying to pigeonhole this as an IRA... never was,

it is a pension plan distribution.

Re: i receive a very small pension that was my husbands ($188/mo). He was already taking this when he passed. I was the beneficiary. TT wants me to treat like an IRA ?

rjs — Fri, 10 Jan 2025 03:14:36 GMT

All the payments from a pension are technically an RMD. Just answer that it was an RMD, and that all of it was an RMD. The RMD amount is the total amount of the distribution.

Re: i receive a very small pension that was my husbands ($188/mo). He was already taking this when he passed. I was the beneficiary. TT wants me to treat like an IRA ?

Opus 17 — Fri, 10 Jan 2025 04:28:25 GMT

@Myrosetree wrote:

I've been getting this for years. This isn't about the 1099-R. What's puzzling is TT is asking about RMD ....

it's a monthly distribution that i;ve receved since 2013... but it's trying to pigeonhole this as an IRA... never was,

it is a pension plan distribution.

The idea of an RMD is that you can't let the balance sit indefinitely, you have to withdraw it over your expected life span. Since a defined pension is already calculated (by the payer) to be paid out over your lifetime, it is technically the same as taking an RMD from an IRA. So just answer yes this is an RMD.

Re: i receive a very small pension that was my husbands ($188/mo). He was already taking this when he passed. I was the beneficiary. TT wants me to treat like an IRA ?

VolvoGirl — Fri, 10 Jan 2025 04:38:40 GMT

You must have turned 72 in 2024. That's when you need to start taking the RMD from IRA and 401K accounts. As answered above just say YES it is the full RMD. Anything your pension pays you is considered to be the RMD. Traditional pensions automatically fulfill the rules of an RMD.