Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
S
soledadtiem
April 10, 2024
Question

How do I know if the 1099-R gross distribution is a RMD (Required min amount)?

  • April 10, 2024
  • 2 replies
  • 0 views
No text available

2 replies

X
xmasbaby0
Employee
April 10, 2024

If it was from a pension it is all RMD.  If it came from a retirement account like an IRA or 401k, and you do not know ---ask the plan administrator.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
JohnB5677
JohnB5677
April 10, 2024

When you receive a distribution from an IRA, a Form 1099-R is generated at the end of the tax year. 

If the distribution is for your RMD for the year There will be a Code 7 in Box 7 of the form.

 

Please contact us again with any additional questions or to provide some additional details.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
TurboTax Sign In Widget
TurboTax flag icon

Unlock tailored help options in your account

Create an account
TurboTax Expert Assist
TurboTax Expert

Get answers to all your tax questions

Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

Terms & ConditionsAccessibility statement
Intuit
TurboTax Credit Karma QuickBooks MailChimp

©1997-2022 Intuit, Inc. All rights reserved.
Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
of Intuit Inc. Terms and conditions, features, support, pricing, and service options
subject to change without notice.

Security Certification of the TurboTax Online application has been performed by
C-Level Security.

By accessing and using this page you agree to the Terms of Use.

Accessibility

TRUSTe nResult Certified e-File C-Level Security Certification