- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Hi,
my mom passed away and I've received a CALSTRs1099-R identifying the amount and noting the federal taxes were withheld. Like you I had thought inheritances to be tax free. On the California State Teachers Retirement system, I found a FAQ which clarified that the death benefit is taxable income. The annuity which was transferred to me is taxable income and they sent me a 1099-R also.
‎February 2, 2024
3:47 PM