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New Member
posted Apr 16, 2023 5:20:14 PM

How do I know if money I inherited was a RMD? The financial institution is not answering.

0 2 618
2 Replies
Level 15
Apr 16, 2023 7:13:00 PM

Just answer “yes”

Expert Alumni
Apr 17, 2023 7:53:20 AM

Yes, it is best to indicate that this distribution is part of the RMD. 

Since you really don't know if the Required Minimum Distribution was taken or not, indicating that this distribution counts towards that requirement can only be a benefit if needed and does no harm if it isn't needed. 

 

@planettax1