RMD for Inherited IRA

[Gene V]

I have a client who is the beneficiary of her mother's IRA (mother died January 11, 2021) my client is
more than 10 years younger, so falls under the Designated Beneficiary Rules. (10-year rule)
The way I understand, no RMDs are required during the 10-year period, but the IRA must be fully distributed by the end of the 10th calendar year following the year of death. (which would be
at the end of year 2032).

My question: since her mother did not take her RMD in the year of death, does my client have
to take the RMD on her return for year 2021, then start the 10-year rule in year 2022.

Reading from TTB page 13-23, I may have just answered my question.
Distributions to individuals are required to be distributed by the end of the 10th calendar year following
the year of IRA owner's death, regardless if the owner dies before, on, or after, the required
beginning date.

I'm thinking, under the old rule, client would have to take the RMD for year 2021, however,
under the 10-year rule, client does not have to. Does that make since?

What do you think?

[New York Enrolled Agent]

Gene - I believe the answer to your question is yes - an RMD is required. I don’t disagree with your TB cite but that refers to the inherited IRA which come into existence after the death of the owner.

While not an authoritative cite, look at Pub 590-B page 8 and see what it says. See if I’m reading it correctly.

[Gene V]

Gene - I believe the answer to your question is yes - an RMD is required. I don’t disagree with your TB cite but that refers to the inherited IRA which come into existence after the death of the owner.

While not an authoritative cite, look at Pub 590-B page 8 and see what it says. See if I’m reading it correctly.

By reading the Pub 590-B (year 2019) and other information on the web. It seems like you would
have to take RMD for the decease person. Maybe when they update the Pub 590-B it may read
difference.

Thanks New York EA, for your input

[New York Enrolled Agent]

By reading the Pub 590-B (year 2019) and other information on the web. It seems like you would
have to take RMD for the decease person. Maybe when they update the Pub 590-B it may read
difference.

Thanks New York EA, for your input

Gene - I think §401(a)(9)(B) might be the more technical answer.