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I inherited an IRA in 2024 subject to the 10 year nonspouse rule. The deceased had RMDs yearly due to their age. Is it ok if i did not take RMD in 2024 due to waiver?
As i understand it there is a penalty waiver by the IRS , however, I also heard for 2024 I am supposed to continue the deceased RMD and then in 2025 would start my RMD calculation based on my expectancy (still having to cash out in 10 years) Thanks! Want to make sure its ok if I skipped the deceased RMD in 2024 and not have to file any form.
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‎April 10, 2025
7:11 PM