How do I enter required minimum distributions from an inherited retirement account?
When you inherit a traditional retirement account from someone who had reached the age of 73, you're generally required to take withdrawals from that account.
If you received a 1099-R with a distribution from the retirement account, enter the 1099-R in the retirement income section.
If you didn't take a distribution from your inherited retirement account, you can use the link below to enter RMDs.
Menu Path: You must get to the income section to enter inherited RMDs
We recommend requesting a waiver from the IRS of any possible RMD penalty. We'll walk you through that process.
Do I Need to Take a Required Minimum Distribution (RMD) for my Inherited IRA Account?
If you received a 1099-R with a distribution from the retirement account, enter the 1099-R in the retirement income section.
If you didn't take a distribution from your inherited retirement account, you can use the link below to enter RMDs.
Menu Path: You must get to the income section to enter inherited RMDs
We recommend requesting a waiver from the IRS of any possible RMD penalty. We'll walk you through that process.
Do I Need to Take a Required Minimum Distribution (RMD) for my Inherited IRA Account?
