My mother has been withdrawing just 1/12 of her IRA MRD each month(e.g. $1,000). My mother passed away in April 2024 and had taken 4 monthly payments ($3,000 of the annual MRD amount of $12,000). The IRA named her 4 children as beneficiaries and the remaining amount in the IRA was distributed equally to her 4 children. When each of the children opened their own IRA account, their share of the remaining MRD for 2024 was distributed to them. So, the total MRD for my mother's IRA was taken in 2024 by either my mother or by the 4 children who inherited the IRA funds.
I've entered the amounts from my mother's 1099-R in Turbo-Tax. I was then asked to report what the MRD was as of December 31, 2024. The MRD shown to be taken is $3,000 while the MRD for all of 2024 is $12,000. This makes it appear as if the MRD was not taken, but it was taken in total, just by 5 different people.
How should I handle this? My mother's return currently shows penalty for not taking the MRD.
