How to Enter in Turbotax? Grandma Missed 2025 Year of Death RMD, we Received Inherited IRA in 2026

[Davesilb]

Grandma passed away in August of 2025 without making her Traditional IRA RMD for that year. Inherited IRAs did not reach the multiple beneficiaries until February of 2026. 2025 RMD has still not been taken by anyone. My understanding is that recent changes from the SECURE Act give us until either 4/15/2026 or 12/31/2026 (I'm confused as to which) to take that 2025 RMD without a penalty.

I have questions:

1. Is that deadline to take the RMD 4/15 or 12/31?
2. Do we need to fill out a form 5329 for 2025 to get the waiver or can we skip that, since the waiver is automatic?
3. Do we need to enter anything related to all this in our 2025 Turbotax or do we just take the RMD this year and enter the resulting 1099-R in 2026 Turbotax? (I'm not even sure how I would record the fact of a missed RMD in Turbotax 2025 when it wasn't even our IRA at the time.)

[ReneV4]

You are correct. The SECURE Act did change the rules regarding year of death distributions. Your new deadline to take the RMD is December 31, 2026.

No you do not need to complete Form 5329 for 2025, provided you take the RMD by the deadline of December 31, 2026.

Take the RMD and wait for your Form 1099-R in 2027. Note that if there are multiple beneficiaries, the total RMD just needs to be satisfied. It does not need to be equally split. One person can take the entire RMD to satisfy the RMD.

Also note that you must continue to take annual distributions, including the RMD, clearing the entire balance of the account by December 31 of Year 10, which is 2035.