People confirms Jenner 'transitioning into a woman’

Photo of the controversial InTouch Weekly cover that includes a Photoshopped image of Bruce Jenner wearing makeup. Photo of the controversial InTouch Weekly cover that includes a Photoshopped image of Bruce Jenner wearing makeup. Photo: File Photo/Facebook/ InTouch Weekly Photo: File Photo/Facebook/ InTouch Weekly Image 1 of / 33 Caption Close People confirms Jenner 'transitioning into a woman’ 1 / 33 Back to Gallery

One of leading publications for Hollywood news is confirming what several tabloids have been reporting for months: Former Olympian and Kardashian stepdad Bruce Jenner is transforming into a woman.

In a story also posted on Time's website on Friday, People magazine says, according to a "source close to the family," Jenner is making the transition, and his loved ones are fine with it.

"He is finally happy and his family is accepting of what he's doing. He's in such a great space. That's why it's the perfect time to do something like this," the source said of the 65-year-old.

Even his stepdaughter Kim Kardashian admitted earlier this week that Jenner is "the happiest" she's ever seen him. But the reality star was tight-lipped on Jenner possibly becoming a woman.

"I just feel like that's really his journey to talk about," she added.

Jenner's changing appearance has been a hot topic in magazines and celebrity blogs. In Touch magazine was criticized after posting a photoshopped image of Jenner in women's clothes.

There's speculation that a lifestyle change would be featured in a new TV show.

RELATED: Will Bruce Jenner document rumored sex change on new TV series?

Jenner became a household name after he won the gold medal in the decathlon at the 1976 Summer Games. Following the Olympics, he toured as a public speaker and appeared in several TV shows and movies, but he experienced a resurgence after his stepchildren's reality show, "Keeping Up with the Kardashians," premiered in 2007. It is still on the air.

His divorce from Kardashian matriarch Kris Jenner, his third wife, recently became final. In addition to his four stepchildren, he is the father of six other children.