Question

Where do I find RMD from CALSTRS on the 1099R?

Forum|Forum|7 years ago
June 4, 2019
1 reply
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Is that the amount in box 5 of the 199R? No IRA, just income from pension so we don't know what the RMD is.

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Employee

You will meet the RMD requirements related to your employer pension plan distributions (see below)

Since the IRS requires the reporting of all RMD payments relates to all qualified plans (and an employer pension plan falls under this category), the system will still ask about RMD (even if it does not apply to your pension distributions).

A qualified plan is a retirement plan sponsored by employers for the exclusive benefit of employees. These plans follow special IRS rules and qualify for special tax treatment, such as deferring paying taxes on the contributions until retirement.

As for the required minimum distribution (RMD), you are required to take your RMD for your IRA and 401(k) accounts. However, if you are asked a question about taking an RMD (because you meet the age requirements) from your pension when entering your pension information, the answer is "yes" that this withdrawal was an RMD and that all the distribution was an RMD (screenshot)