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P
ppartb
January 24, 2022
Question

1099R from OPM

  • January 24, 2022
  • 1 reply
  • 0 views

Turbo Tax is treating my retirement annuity from the federal government as an IRA requiring RMDs. How can I fix this? My wife's 1099R from OPM is treated correctly.

    1 reply

    VolvoGirl
    VolvoGirl
    Employee
    January 24, 2022

    Is your wife under 72?  She might not have reached the RMD age yet.

     

    Say all of it is the RMD.  If you are 70 1/2 it will ask you if it 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.

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