Where do I find how much of the withdrawal of a retirement account is RMD? (The entire amount was withdrawn.)

[fanfare · Accepted solution]

If you took it all out you definitely met the RMD, unless you have other IRAs accounts elsewhere
For a pension just answer YES. the question causes a lot of confusion.

[njgid141]

Thank you.  I just thought I had to put a number in the 'how much is the RMD' field even though I assumed I'd met it.

[DDollar]

The required minimum distribution for any year is the account balance as of the end of the immediately preceding calendar year divided by a distribution period from the IRS’s “Uniform Lifetime Table.” A separate table is used if the sole beneficiary is the owner’s spouse who is ten or more years younger than the owner.

• worksheets to calculate the required amount
• tables to calculate the RMD during the participant or IRA owner’s life:
• • 
    
  • Joint Life and Last Survivor Expectancy Table – if your spouse is the sole beneficiary and is more than 10 years younger than you
  • Uniform Lifetime Table - for all other IRA owners calculating their own withdrawals

[njgid141]

Thank you so very much, TurboTaxDavidD, CPA!  You made my life easy with your answer.  
Happy Valentines Day!!

[DDollar]

You're welcome. Thanks for using TurboTax!

[jade386]

The next question on the form asks, "Tell us how much of the $10,900.00 NAME received applies to the RMD that needed to be taken out.

[MarilynG1]

Since you withdrew the entire retirement account, you can indicate that the total amount is RMD.  

The purpose of the question is to make sure you withdrew your required annual RMD if you took a partial distribution.  Since you obviously took the required RMD amount  (entire account),  it makes no difference in your return what amount you enter for RMD,

Click the link for an IRS worksheet if you wish to calculate how much of your distribution is RMD. 

Per Tax Expert Margaret L:

"Your entire amount is RMD.  

I am assuming you have passed the age of 70 1/2, which is the required age for the required minimum distributions. All retirement accounts, even pensions and annuities, must meet the RMD requirements. However, the way the pension plans meet the RMD requirements is by creating an annuity paid periodically.  You may simply select YES to the RMD question (Was this withdrawal RMD and all of this was RMD).  You will also be asked if the amount reported is paid periodically in equal amounts.  By selecting YES the RMD requirements are met and you may continue with the tax preparation."