Ira Minimum Distribution
June 24th, 2005
Question: What to do if you forget to take the minimum required distribution from an inherited IRA for 2009?
I heard that this was not required last year but others have said it is required for an inherited IRA. Should I do it now for 2010 and say it’s for 2009? Help!
Answer: RMDs were not required for tax year 2009 – Including Inherited IRAs – you’re o.k.
However note that in any calendar year an RMD may be required it must be distributed (withdrawn) in that calendar year.
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