OPM Annuity RMD

robi7 — Mon, 24 Feb 2025 06:24:40 GMT

I have OPM Annuity. Turbo tax asks for RMD amount. Should I type in zero (0)?

Re: OPM Annuity RMD

SabrinaD2 — Mon, 24 Feb 2025 14:07:20 GMT

If you have an OPM annuity and TurboTax asks for an RMD amount, here is a way to respond.

OPM Annuity Explanation: An OPM annuity is a retirement benefit for federal employees. The annuity payments you receive typically satisfy the Required Minimum Distribution (RMD) requirements.

TurboTax Instructions:

When TurboTax asks if the withdrawal is an RMD, select "Yes."
Confirm that all of the withdrawal is RMD and that it is paid periodically in equal amounts.

No Need to Enter Zero: You do not need to enter zero (0) for the RMD amount. Just follow the prompts and confirm the details as mentioned.

For more details, refer to:

OPM Annuity
TurboTax Help - Community

topic Re: OPM Annuity RMD in Retirement tax questions

OPM Annuity RMD

Re: OPM Annuity RMD