@kevermurray you are required to take RMDs for each of the 10 years after your mother's death (so 2021-2030).
That includes 2021 and 2022.
However, with all the confusion over implementing this 10 year rule, the IRS said there is no penalty for not taking the RMD in 2021 and 2022. So if you don't - no harm, no foul.
But from a planning perspective, while it sounds great to take the minimum each year and not do it this year (since there is no penalty), that can leave you with a substantial 'balloon' in 2030.
So what others have suggested on these boards is attempt to smooth the distributions so there isn't a balloon in year 10. So in 2022, take 1/9 of the 12/31/21 balance. In 2023, take 1/8 of the 12/31/22 balance, etc....
depending on your tax situation you may be able to be even more aggressive than that without moving to a higher tax bracket. If you are going to be on Medicare during these 10 years, there is also something called "IRMAA" which increases Medicare premiums based on your gross income (and those IRA distributions are part of the gross income as is your RMD if your turn 72 prior to 2030 and your social security income) - think of IRMAA as a 'Phantom Tax". it's a reason, again based on your income situation, to be more aggressive than RMD during these remaining 9 years,
Might be worth sitting down with a financial planner to figure out the best strategy - it's not necessarily for the faint of heart and can be quite complex to figure out the best way to minimize the tax bite.
