What form do i report my 401k rmd on?

[DoninGA · Accepted solution]

You will receive a Form 1099-R for the distribution from the institution holding the tax deferred retirement account in January.

To enter a form 1099-R

• Click on Federal Taxes (Personal using Home and Business)
• Click on Wages and Income (Personal Income using Home and Business)
• Click on I'll choose what I work on (if shown)
• Scroll down to Retirement Plans and Social Security
• On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button

After completing entry of the 1099-R you will be asked a series of questions concerning the distribution, RMD being included in the interview.  See this TurboTax support FAQ concerning RMD's - https://ttlc.intuit.com/questions/1900416-what-is-the-required-minimum-distribution-once-i-reach-age...

[Hal_Al]

There is nowhere on the actual tax forms that you indicate that you took an RMD. You only report the income on line 16 of form 1040. TurboTax will handle that if you follow the above instructions.

[VolvoGirl]

Wait for the 1099R to come by the end of January.  Then depending on your date of birth it will ask if it was all for the RMD.