My mother passed away in May of 2022. She had no property and all of her investments had beneficiaries, so no estate income was created and no probate was necessary.
She had an IRA of which my sister and I were beneficiaries. She had taken a partial RMD for 2022. My sister and I each received our half of the IRA funds and each took our portion of the remaining required 2022 RMD. Because of her medical expenses and investments, I will be filing a personal 1040 on her behalf for 2022.
My question is how do I report the RMD on her 1040?
Do I enter her amount of RMD, check the box ‘I received all the RMD for 2022’ and complete a Form 5329-T Waiver of Tax with an explanation that my sister and I took the remaining RMD?
Or is there some other process I should be following?
