Diane0131
New Member

Father's RMD was not taken in 2024 due to his death

Father's RMD was not taken in 2024 due to his death. His 3 adult children inherited the SEP account th. I am filing his final income tax forms.  How do I handle this in Turbotax? Do I show he has not withdrawn the money and do each of his children have to withdraw 1/3 the amount and show on their taxes or can 1 sibling withdrawn the total amount for 2024?