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January 23, 2025
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I have a military retirement 1099R. Program is asking for RMD info. No matter what I enter, it loops on the RMD Accumulation worksheet. I can't continue. Help!

  • January 23, 2025
  • 2 replies
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    Best answer by VolvoGirl

    Say all of it is the RMD.  When you turn 73  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. So for the RMD question put in the same amount as box 1.

    2 replies

    VolvoGirl
    VolvoGirlAnswer
    Employee
    January 23, 2025

    Say all of it is the RMD.  When you turn 73  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. So for the RMD question put in the same amount as box 1.

    March 9, 2025

    I’m having the same issue… keeps looping back for me to enter an amount for RMD for a military retirement account.  7 is entering for normal distribution too. Any way to bypass? 

    March 12, 2025

    To complete the tax return, you can indicate that the entire amount is RMD.  This is not reported to the IRS, TurboTax just uses the information to determine if you must pay the penalty for not taking the RMD pm the Form 5329.  @Maca2 

    March 12, 2025

    Thank you so much for your reply. So just to clarify I will enter the full amount listed in the 1099R. Extremely helpful!