78YR OLD RECEIVED A 1099-R. IT WAS INHERITED FROM HER SON. IT IS AN IRA. SHE TOOK ALL THE CASH ONLY 23K. HOW DO I ANSWER RMD QUESTION? HER SOLE INCOME IS SOCIAL SECURITY. IS THIS TAXABLE?
Say it was all a RMD.
If a Traditional IRA then the box 2a is the taxable amount.
The answer to the question does not go on your tax return, it is simply to make sure you do not owe any penalty for not taking the RMD or use it for an ineligible rollover.
The question is just to be sure that the requirement was met.