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Forgot to take Inherited IRA RMD for 2021
I have a small inherited IRA from my grandfather. I forgot to take the RMD in 2021.
Does anyone have guidance with how I should continue my taxes for 2021?
Should I take an RMD now for 2022 and how will that get reported on my taxes? Next year?
I have read about form 5329 but have no reference about what I need to do. Thank you for any help.
Best,
Matt
‎February 1, 2022
5:55 PM