Question

RMD? BOX 7 is marked "4" How do i know if my inherited retirement (1099-R) is RMD or not?? help please and thank you

Forum|Forum|5 years ago
March 16, 2021
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Employee

Unless you are rolling it back then it does not matter. The only purpose of the question is to prevent rolling it over.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

KathrynG3

It depends on your circumstances if this Form 1099-R will count as a Required Minimum Distribution. If it was taken out from a employer sponsored retirement plan, IRA or pension, you would typically have answered yes, but answer no that it was a RMD withdrawal because of the Cares Act.

RMD's were waived in 2020.

For more information, see:

IRS: What if you Inherit an IRA?

[Edited 03/16/2021 | 8:33 AM PST]

@ireallycandothis