The answer assumes there is a 1099-R on the tax return for your deceased taxpayer. You can answer 'Yes' if the rest of the information below applies.
The distribution requirements are shown below for a beneficiary that is not a spouse and where the account owner began required minimum distributions (RMDs) before death. It's not clear if this taxpayer was at the age requiring RMD.
The amount will be based on the information below but your financial institution will have the numbers for you.
IRS RMDs for Beneficiary
Distribute using Table I-Non Spouse
- Use younger of 1) beneficiary’s age or 2) owner’s age at birthday in year of death
- Determine beneficiary’s age at year-end following year of owner’s death
- Use oldest age of multiple beneficiaries
- Reduce beginning life expectancy by 1 for each subsequent year
- Can take owner’s RMD for year of death
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