1040-US: Worksheet for Beneficiaries - overriding default ages used on Lines 8 or 12 for required minimum distribution computation

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Question

The deceased original owner of the account died on or after the required beginning date, and my client is one of multiple beneficiaries but not the oldest beneficiary. How can I calculate the correct required minimum distribution for my client?

Answer

UltraTax/1040 uses the date of birth for the taxpayer/spouse as entered on Screen 1040 to compute ages used on Lines 8 and 12 of the Worksheet for Beneficiaries. Entering data on the Beneficiary birth year (Force) field on Screen 1099R-3 will override this default treatment and compute ages used on Lines 8 or 12 based on the year input.

Related topic: Required Minimum Distribution (RMD) Worksheet FAQs (1040)

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