A new client in her early 50’s has a small (now $12K) ben IRA inherited in 2015. She took one $5K distribution several years ago. We’re checking as to whether RMDs were taken, which would now be in the $300 range. She has no recollection.

Is there a de minimis condition that would apply?

If not, and if it turns out that RMDs were not taken, please recommend how to set this right.

Thank you!