RMD Dec 31

DW81
DW81 Member Posts: 1 Newcomer
in Retirement Income

After entering an RMD on an IRA Turbo Tax has an entry for " the required minimal distribution by Dec. 31, 2024. "

I took the full distribution amount. Is that the number to be entered ?

Also they ask the same question for my pension. Do you enter the amount of the pension for the year or 0.00 since the pension is not an RMD

Thank you.

Comments

  • TaxMorgan
    TaxMorgan FreeTaxUSA Agent Posts: 18

    Hello DW81,

    Since this is the FreeTaxUSA Community we are able to answer general tax questions or questions related to the FreeTaxUSA software. We are not able to answer questions regarding what information or amounts TurboTax asks for. I would recommend contacting them directly for more clarification.

    In our software, you would select if you were required to take an RMD, and if required, if you took the full amount.

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