Missed RMD from an Inherited IRA in year of death
My mother died in September of 2022 prior to taking the RMD from her IRA. I am the sole beneficiary of the IRA. I forgot about the RMD, and didn't realize it hadn't occurred until the bank, which is the IRA custodian, sent it's annual report in January which showed that a distribution had not been made. I contacted the bank, and the 2022 RMD was paid to me in late January. I had both federal and state tax withheld. The bank is treating this as a 2023 distribution and will not issue a 1099R until next year. I know that I have to file a Form 5329, and I plan to seek a waiver of the 50% penalty for the late distribution. I have the following questions.
1. Is the distribution in fact 2023 income to me, or should it be reported on my 2022 return?
2. Assuming the distribution is reportable in 2023, do I file Form 5329 in 2022 or 2023?
3. Can I prepare and file Form 5329 using Turbotax Deluxe? If so, is e-filing possible given that a statement of explanation must be attached to the form?
