Link to IRS table for required distribution for inherited IRA
Could someone please send me the link to the table or advise which table to use for a minimum distribution for grandchildren beneficiaries of different ages for a IRA of a taxpayer who was 80 when he died last year
Thank you
Permalink Submitted by Alan - IRA critic on Mon, 2017-12-18 18:25
https://www.law.cornell.edu/cfr/text/26/1.401%28a%29%289%29-9Use the single life table and age of beneficiary on 12/31/2017. For each year thereafter reduce the divisor by 1.0. Separate inherited IRA accounts need to be established by 12/31/2017 for each beneficiary to use their own ages rather than the age of the oldest.