Should I state my retirement checks were not subject to RMD?

mazagotta — Tue, 04 Jun 2019 19:03:44 GMT

TUTAX is asking me for an RMD from my pension

If you receive periodic (monthly) payments from a Pension...

Rachel_W — Tue, 04 Jun 2019 19:03:45 GMT

If you receive periodic (monthly) payments from a Pension Plan, these are considered Required Minimum Distributions (RMD's). It is the responsibility of the Pension Plan's custodian to meet the RMD requirements.

In the TurboTax interview, you should answer "yes" to the RMD question. This question is only asked to determine if you might be subject to the penalty for not taking the RMD.

You can check out the TurboTax FAQ below for more information on RMD's: https://ttlc.intuit.com/replies/3302117

topic Should I state my retirement checks were not subject to RMD? in Retirement tax questions

Should I state my retirement checks were not subject to RMD?

If you receive periodic (monthly) payments from a Pension...