The IRA owner's beneficiaries must distribute the RMD amount by the end of this year, the year of death. Report the RMD amount each beneficiary took as a death distribution on IRS form 1099-R in each beneficiaries name and social security number.
The IRA owner's beneficiaries must distribute the RMD amount by the end of this year, the year of death. Report the RMD amount each beneficiary took as a death distribution on IRS form 1099-R in each beneficiaries name and social security number.