maskone
New Member

Get your taxes done using TurboTax

I already entered the 1099-R information but when Turbo Tax was finishing up my return

it gave me a drop down menu to specify what type of income this was.  I didn't see anything

regarding a lump sum payment from being the beneficiary or this account.

 

So if you have an inherited IRA you don't have to report it until you withdraw money from it?