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April 9, 2024
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Can anybody help? Turbo Tax asking for an RMD distribution amt since my husband is 74 We didn't receive any kind of distribution he's a 20-year retired military ve help?

  • April 9, 2024
  • 2 replies
  • 0 views
Veteran
Best answer by VolvoGirl

Say all of it is the RMD. If you are 72 it will ask you if it is the RMD. Say yes. The pension doesn't need to calculate any RMD. Anything your pension pays you is considered to be the RMD. Traditional pensions automatically fulfill the rules of an RMD.

2 replies

April 11, 2024

You can select that all of the military retirement reported on Form 1099-R was an RMD.

 

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VolvoGirl
VolvoGirlAnswer
Employee
April 11, 2024

Say all of it is the RMD. If you are 72 it will ask you if it is the RMD. Say yes. The pension doesn't need to calculate any RMD. Anything your pension pays you is considered to be the RMD. Traditional pensions automatically fulfill the rules of an RMD.