How do I know if I have RMD on my 1099-R

hajjanbb — Thu, 06 Jun 2019 05:37:04 GMT

I am 74 and I have a 1099-R from CALSTRS how would I know if a part or all of it is from RMD?

Virtually all pension plans in existence today fall under...

macuser_22 — Thu, 06 Jun 2019 05:37:05 GMT

Virtually all pension plans in existence today fall under section 401 of the tax code and they all require RMD's after age 70 1/2. The question is just to be sure that the requirement was met. If you receive periodic (monthly) payments from any pension plan you can be assured that the custodian of the plan is meeting the requirements so you can safely answer "yes" to the question.

The answer to the question does not go on your tax return, it is simply to make sure you do not owe any penalty for not taking the RMD.

https://ttlc.intuit.com/replies/3302117

topic Virtually all pension plans in existence today fall under... in Retirement tax questions

How do I know if I have RMD on my 1099-R

Virtually all pension plans in existence today fall under...