KarenM90
Intuit Alumni

Get your taxes done using TurboTax

Yes, that is correct.  You generally won't report anything related to the Inherited IRA until you get a 1099R for a distribution.  

 

The only thing that should be reported is any basis that you have in the Inherited IRA.  (This would be the same basis as your father had in the IRA - ie- any non-deductible contributions he had made.)  If that is true, those questions will be in TurboTax after you enter any 1099R.

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