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If a person receiving an retirement annuity passed away in August 2018, how is the required minimum distribution (RMD) calculated when reporting the beneficiary's payout?
My father-in-law passed away mid-year. My wife was the sole beneficiary of his pension annuity and the remainder was paid out to her. The 1099 we recevied does not designate how much of the payment, if any, was RMD, and the answer appears to affect our taxable income.
‎June 4, 2019
12:02 PM