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March 18, 2025
Question

1099R

  • March 18, 2025
  • 1 reply
  • 0 views

My husband passed away at 64 in 2016. I have been receiving his General Motors pension since then. I get a monthly income from his pension. I also receive a 1099 R. This year they asked his year of birth and when I enter it. The program is telling me I need to calculate an RMAD. This is not an inherent IRA. It is a pension received monthly. Please advise. This has never happened before

    1 reply

    Employee
    March 18, 2025

    Delete the 1099-R and enter it again. When you are asked how much is RMD say all. 

    March 21, 2025

    But none of it is subject to RMAD. This is not an IRA it is a Monthly Pension from his job at General Motors so instead of all should I not be entering none of it 

     

    DoninGA
    Employee
    March 21, 2025

    If he is age 70 1/2 or older then all of the pension income reported on the Form 1099-R is an RMD.