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1
1shirlynn
February 19, 2025
Question

RMD

  • February 19, 2025
  • 1 reply
  • 0 views

I did not take RMD with my teacher retirement plan. what will be the penalty? I keep getting an error message when I'm filing my taxes for 2024 unable to submit until RMD if fix.

    1 reply

    X
    xmasbaby0
    Employee
    February 19, 2025

    If you enter a 1099R for a pension you need to say that it was ALL an RMD.  That is all you need to say for a pension.

    **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.**
    1
    1shirlynnAuthor
    February 19, 2025

    Thank you!

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