@AK58 wrote:
2022 - non spouse beneficiary is at least 10 years younger, decedent took RMD in 2022 (prior to death in 2022)
Here is the situation:
The IRS has announced that they will require RMDs for non-qualified inherited IRAs after 2020 that follow the 10 year rule. However, the regulation was not final as of the last time I checked, and IRS publication 590-B
for the 2022 tax season does not discuss RMDs for this situation. Therefore, the IRS has also issued a ruling that they will not penalize anyone who fails to take an RMD in 2020, 2021 or 2022.
You should expect that the IRS will finalize the ruling during 2023 and that it will be included in the instructions for the 2023 tax season, so the beneficiary will need to take an RMD before 12/31/23.
