Khalid A
Returning Member

Is TRS of texas 2023 "stipend" considered in excess of RMD?

Hi,

The state of Texas approved an extra Teacher Retirement System payment (or stipend) for 2023 for retirees, is that extra $7500 considered part of RMD?

What should I enter when Turbo tax ask if All of the distribution on the 1099-R is a "RMD" or not?

 

thanks,

Khalid