The new regulations proposed by the IRS now provide an automatic waiver of the excess-accumulation penalty under these circumstances, so there is no need to report anything on your 2023 tax return about the late-taken 2023 year-of-death RMD, no Form 5329 required. If TurboTax asks, indicate that no RMD was required. this will prevent TurboTax from needlessly preparing Form 5329 Part IX.
This distribution taken in 2024 will be reported on your 2024 tax return.
