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jak530
New Member

RMD not distributed

An inherited IRA was established in February 2024.  The beneficiary was not advised that a Required Minimum Distribution was needed before the end of the 2024 tax year.   The bank did advise (in early February 2025) the beneficiary to take an RMD for 2025.  The bank was contacted to get the RMD amount for 2024.  No 1099-R for 2024 was provided.  TT2024 seems not handle the case of a missed RMD.  It demands a minimum distribution amount of $0.51.  I have completed the 5329 form, but cannot e-file because of what seems to be flawed error checking.  How should I enter the information?

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