topic Re: 1099R in Retirement tax questions

1099R

Dfir — Mon, 20 Jan 2025 16:18:21 GMT

I entered a 1099R for my spouse’s small teamster’s pension. The program is asking me to tell how much of this amount is a RMD because of his age. This is a pension that is paid monthly for the duration of his life and then of mine after he dies. The program is asking me which portion of this isn’t RMD, and will not allow me to say that this doesn’t apply. What do I do?

Re: 1099R

TomD8 — Mon, 20 Jan 2025 16:24:15 GMT

A pension is an RMD, 100%.

Re: 1099R

Dfir — Mon, 20 Jan 2025 16:28:51 GMT

I tried answering that way, also, but then it wants to know the total contributions so that we know the distribution is enough. It keeps telling me I need to review my entries.

Re: 1099R

TomD8 — Mon, 20 Jan 2025 16:38:22 GMT

When you enter the 1099-R in TurboTax you'll come to a page titled "About this Retirement Account."

On that page, answer Yes that the withdrawal was an RMD, and then check that all of the distribution was an RMD.

Re: 1099R

Dfir — Fri, 24 Jan 2025 02:13:14 GMT

I am Not seeing the page you are referring to. I’m working on an iPad. Do I need to move to a computer?

Re: 1099R

RobertB4444 — Fri, 24 Jan 2025 19:25:53 GMT

No, but you need to delete the 1099-R that you entered and start it over. You can't get to the screen that @TomD8 mentions above unless it is a new 1099-R you are entering.

@Dfir