@dmertz wrote:
Correct, except that 2021 and 2022 Forms 5329 requesting waivers of the penalties for those years need to be filed as well. Nothing else needs to be amended on the 2021 and 2022 tax returns. The IRS has a history of granting these waivers. The only case I can imagine where the IRS would not grant the waiver is if the explanation indicates that not taking the RMD by the deadline was intentional.
Is this under different rules than inherited IRAs where the RMD requirement is suspended?
