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Level 2
posted Feb 23, 2025 4:58:34 AM

RMD -- IF MY ACCOUNT IS SUBJECT TO RMD WE NEED TO KNOW THE AMOUNT REQUIRED TO BE Distributed BY 12/31/24

I receive monthly my annuitized q rmd amount .      I don't know why they are asking this on the turbotax wages and income area.   Should I enter zero?  It's confusing because everything is paid monthly for 12 months.  what do i put in this box?   thanks

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1 Replies
Expert Alumni
Feb 23, 2025 5:04:23 AM

If you receive your pension or annuity in monthly payments then all payments are considered RMDs.

 

In TurboTax, you can answer that the whole sum received is RMD and that you have satisfied all RMD requirements.