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February 9, 2021
Question

When I enter the RMD amount from an inherited benefit do I enter the before tax amount or the amount that I received in the check?

  • February 9, 2021
  • 1 reply
  • 0 views
I had taxes withheld.

1 reply

February 9, 2021

The amount taxable is the gross RMD amount.

 

You have to report the amount in box 1 of your form 1099-R.

 

Taxes withheld are reported in box 4.

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cydb35Author
February 12, 2021

Thank you