The taxpayer inherited a substantial Roth IRA. She was under the impression that she didn’t need to take distributions until
she was 701/2. In year 4 after the DOD, she realized the error and took a distribution equal to the required amount for the first 4 years. She wants to continue to take the distributions over her lifetime. Is that possible or is she forced to take the balance in the 5th year? If she is required to take the balance and does not, what is the penalty?