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Level 2
Dec 16, 2024 8:31 PM UTC
Question

Double inherited IRA

Need help calculating my RMD for a double inherited IRA.  Is there a formula or calculator I can use to determine what I should take out. Any help would be appreciated my accountant did not understand when I asked him.

    11 replies

    Level 15
    Dec 16, 2024 9:54 PM UTC

    When did the original owner die, and when did the first beneficiary die? 

    @dmertz 

    Level 2
    Dec 17, 2024 2:47 PM UTC

    Original owner passed 5/13/16 and first beneficiary 1/21/2019.  Thank you in advance for the help!

    Level 2
    Dec 17, 2024 2:48 PM UTC

    @Opus 17  see above Ty!!!

    Level 15
    Dec 19, 2024 5:37 PM UTC

    @dmertz  can you assist with this calculation?