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Author: ptheland Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121565  
Subject: Re: IRA RMD in year of death Date: 7/3/2014 11:31 AM
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I agree with Bill. If there is a designated beneficiary (or multiple beneficiaries) on the IRA, they will get the money and pay the tax. If there is no beneficiary (or no surviving beneficiary), the distribution will go to the estate and it will be taxable there, subject to the usual potential distribution of income to the estate beneficiaries.

At the end of the year, the IRA custodian will send a 1099R to whomever they wrote the check to.

--Peter
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