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a37deanda
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federal retiree asking what is the amt taken out for filing federal my income tax.

CSA 1099-R what amount should be entered for RMD block
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3 Replies

federal retiree asking what is the amt taken out for filing federal my income tax.

If it is a defined benefit plan where you receive a monthly retirement check, there is no RMD requirement, so skip it or enter a zero.

federal retiree asking what is the amt taken out for filing federal my income tax.

@guywong 

 


Sorry......we disagree....there is an RMD requirement...but for a pension, that has been pre-determined....and is equal to box 1 on a CSA-1099-R  (or box 1 on a 1099-R for other regular/automatic paid pensions)

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

federal retiree asking what is the amt taken out for filing federal my income tax.

Say all of it is the RMD.   If you are the age required to take a IRA or 401K RMD it will ask you if a pension is the RMD.  Say yes.  Anything your pension pays you is considered to be the  RMD.  Traditional pensions automatically fulfill the rules of an RMD.  So for the RMD question put in the same amount as box 1.

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