topic Re: Pension Plan 1099R in Retirement tax questions

Pension Plan 1099R

alfansome239 — Mon, 31 Mar 2025 18:47:36 GMT

There seems to be a lot of confusion regarding how to fill out the 1099R for a Pension Plan. My plan is considered to be "qualified"; I receive a monthly distribution deposited directly into my bank account.

In prior years, I would just enter the data from the 1099R I received into TurboTax and it worked fine.

This year, the form has been modified and I can no longer understand how to fill it out.

There is a checkbox "Check if NOT from a qualified retirement plan or IRA"

if I do not check this box (which I don't because it is a qualified retirement plan) then it requires me to fill in the information below in the RMD Excess Accumulation Worksheet. This is where I get lost because the Pension plan, although qualified, DOES NOT require RMD type of distribution (according to the plan administrator). So how should be filled in? And why does TurboTax not allow for a qualified retirement plan to not have RMD.

(I guess I could enter 0 for the Required RMD Amount, but this seems to cause other problems)

Re: Pension Plan 1099R

xmasbaby0 — Mon, 31 Mar 2025 18:51:29 GMT

For a pension you just need to say it was all RMD. A pension meets the requirements for RMD.

Re: Pension Plan 1099R

alfansome239 — Mon, 31 Mar 2025 19:44:16 GMT

thanks for the response;

Re: Pension Plan 1099R

alfansome239 — Thu, 03 Apr 2025 11:16:51 GMT

I also found that if I go through the "easy step" guided edit of the 1099-R one of the questions that it asks is whether I received income payments during the year; if I answer "yes" then it fills in the required RMD amount as 0 and no errors are flagged for the form.