Once again I can not thank you enough for your insightful information. Another question then, how will the 3 siblings report withdraws from the inherited IRA on their 2019 tax return if they are not taking 3 equal withdraws to satisfy the year of death RMD? Will it matter as long as the total withdraws equal the year of death RMD? In my example, one sibling will end up taking less withdraw from the inherited IRA than the other two siblings, but the total taken will be the year of death total. Also, I assume it does not matter but the IRS agent got me a little worried that it mattered what type of investment you put the inherited IRA in. I told her that it was in an inherited IRA and not an IRA named in the beneficiary's name and she said it did not matter. She then went on a 10 min rant that got me both annoyed and a little worried. I thought and still do (though maybe I am wrong) that as long as the type of account was an inherited IRA, it could be invested in anything that the client wanted. Thanks.
Bill
