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Returning Member
posted Apr 10, 2025 9:07:35 PM

Annuity death benefit lump sum distribution- asking for RMD?

I received a 1099-R for a death benefit annuity distribution. The relative died in 2023, but i received a lump sum distribution in 2024 (i did not roll it into an inherited IRA.) TurboTax is asking me to enter the 2024 RMD, but I dont have this info. I talked to the annuity company and they dont have it either because the account is closed out. Should i enter $0 for the 2024 RMD since the entire account was distributed before Dec 31 2024?

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1 Replies
Expert Alumni
Apr 15, 2025 6:56:37 PM

Yes, you can enter $0 for the RMD since the entire account was distributed before Dec 31 2024.