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Question

Where do I find the RMD (required minimum distribution) for NC's pension plan?

Forum|Forum|1 year ago
January 19, 2025
1 reply
0 views

I don't have an Account Balance and do not know how to figure the RMD

Employee

Say all of it is the RMD. When you turn 72 it will ask you if it is the RMD. Say yes. Anything your pension pays you is considered to be the RMD. Traditional pensions automatically fulfill the rules of an RMD. So for the RMD question put in the same amount as box 1.

Thank you for the information. What you suggested worked eventually, even though there obviously was a glitch with Turbo Tax. It continued to say that section “Needs Review.” I finally just ignored that and was able to get tax return filed.