Solved
For the 2024 tax year did the IRS waive the penalty for failing to take a RMD from an Inherited IRA?
Because of the Secure Act, for the 2024 tax year did the IRS waive the penalty for failing to take a RMD from an Inherited IRA?
If you are subject to the 10-year rule, yes, IRS Notice 2024-35 waived the penalty for taking an RMD from an inherited IRA. If you are not subject to the 10-year rule, the penalty for failing to take an RMD from an inherited IRA has not been waived.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
