Required minimum distribution from a Inherited IRA

teri4154 — Tue, 04 Jun 2019 20:34:16 GMT

Where do I enter the RMD? I had taxes taken out already but never received any type of tax form from SEI.

You can create a substitute form 1099-R in TurboTax... ho...

MargaretL — Tue, 04 Jun 2019 20:34:18 GMT

You can create a substitute form 1099-R in TurboTax... however, I recommend that you contact SEI first and verify that the form wasn't simply lost in the mail... The administrator must issue 1099-R when there is an IRA distribution.

Form 1099-R (or it's substitute) is entered as follows:

Click on Federal Taxes
Select Wages and Income
Scroll down to Retirement Plans and Social Security
Select IRA, 401(k), Pension Plans (1099-R)
On the screen Tell Us Which 1099-R you have, select I need to prepare a substitute 1099-R and continue. Your distribution code will be 4, and you can enter your tax withheld in box 4... prepare the form to the best of your knowledge, you will be asked about the RMD for the inherited IRA in the interview questions

topic Required minimum distribution from a Inherited IRA in Retirement tax questions

Required minimum distribution from a Inherited IRA

You can create a substitute form 1099-R in TurboTax... ho...