The waiver of the penalty for not taking the 2024 beneficiary RMD only applies to those under the 10-year rule. @peiterjsp , you are not subject to the 10-year rule, so your missed RMD is subject to penalty. To potentially avoid the penalty you must make the late distribution and file Form 5329 Part IX requesting waiver of the penalty for good reason. TurboTax will give you the opportunity to make this request and prepare Form 5329 accordingly.
