TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Community

Solved

RMD and State Pension

Forum|Forum|1 year ago
January 27, 2025
2 replies
0 views

I am 73 and receive a pension from the Arizona State Retirement System. TurboTax asks for RMD information for this account that simply does not exist due to the way this system is managed. I see a lot of threads from retired state employees regarding this issue with no definitive answers to these two, simple questions:

1. How do I answer if I withdrew RMDs?

2. If needed, how do I calculate the amount?

Nothing in your software answers this question, and I haven't found a definitive answer anywhere on your website.

Pension Plan

Best answer by MinhT1

If you receive your pension in monthly payments then all payments are considered RMDs.

In TurboTax, you can answer that the whole sum received is RMD and that you have satisfied all RMD requirements.

Employee

When you enter information about a pension, say that it was ALL an RMD when it asks about RMD.

**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.**

MinhT1Answer

If you receive your pension in monthly payments then all payments are considered RMDs.

In TurboTax, you can answer that the whole sum received is RMD and that you have satisfied all RMD requirements.

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

thanks