Inherited IRA

Forager — Sat, 21 Mar 2026 20:39:35 GMT

I inherited an IRA last year after my father passed. He was already taking distributions prior, but he turned 73 in July and died 5 days after his birthday. His RMD should be due by April 1 of 2026, from what I've read, however he never completed an RMD before his death. Am I subject to the RMD or no, since he never initiated the RMD after turning 73? TurboTax is asking if there was an RMD and I believe I should put in 0? Thank you!

Re: Inherited IRA

ReneV4 — Sat, 21 Mar 2026 22:06:49 GMT

Yes. You are subject to the RMD and no, do not enter zero (0). Since your father turned 73 in 2025, under the IRS rules, he was required to take the RMD by December 31, 2025. And, if he did not take it, then his beneficiaries are responsible for taking it by December 31, 2026. Therefore, take these steps to report the RMD:

First, determine the RMD amount by taking the 12/31/24 balance of his IRA and divide by the IRS' Uniform Lifetime Table (26.5 for age 73), or by calling his bank/custodian
Next, take the distribution now, if you haven't done so already, by calling the bank/custodian and requesting a withdrawal for the specific amount of the "Year of Death RMD"

Then, when entering the Form 1099-R, you will have the chance to request a waiver, as follows:

Return to your 1099-R entries by clicking Review to the right of IRA, 401(k), Pension Plan Withdrawals (1099-R) in the Federal Income section
Click on the pencil to the right of the 1099-R (or add if you have not yet added your Form 1099-R)
Click Continue through the entries you've made, Continue, answering through next screens
When you reach, "Let's get more information about your Required Minimum Distribution (RMD)", enter the amount of your RMD that was due by December 31, 2025 (but did not take), Continue
On the next screen, "How much of this distribution applied to your December 31, 2025 RMD?"
Select "None of this distribution applied...", Continue
Next, you will be asked, "Did you take out the remaining $ during the correction window?", Select, "No, I did not", Continue
When you reach, "Review your 1099-R summary", Continue (not the pencil)
When you reach, "Let's go over any required minimum distributions (RMD)", Select the pencil
Next, you will see, "Did you miss taking the...RMD...?", Select Yes, then Continue
Enter the amount of the RMD (that you should have taken) when you reach, "Tell us the Total RMD...", Continue
Select "Yes", when asked, "Did you take a corrective distribution...?", Continue
Do you want to request a waiver, select, "Yes", Continue
Next, enter the amount of your RMD for which you are requesting the waiver, Continue
Next, enter an explanation, such as, "Beneficiary was not aware of RMD until 2026. The RMD has now been distributed", then Continue

Re: Inherited IRA

Forager — Sun, 22 Mar 2026 14:50:51 GMT

Thank you for your answer!

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Inherited IRA

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Re: Inherited IRA