@fanfare wrote:
The IRS Pub 590-B is not consistent with the IRS clarification.
For this reason IRS agreed to waive penalties on SECURE-act inherited IRAs for those who don't take a 2022 RMD. The clarification will not be enforced for 2022.
The current version of 590-B follows the current regulations, not the proposed regulations. (Which is technically proper, I suppose. If a state were to pass a law stating that on January 1, all highway speed limits were to be lowered to 50 miles per hour to save gas, they probably shouldn't be changing the signs in November.)
I suspect that there is another hidden draft version of 590-B ready to be published whenever the regulations become final (which as noted above, will be 60 days after their final publication in the Federal Register.)
