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  • Re: Is A Distribution To A Beneficiary Of A Traditional IRA Subject To Gift Tax?
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Retirement tax questions

@Romper 

 

Deductible by the beneficiary on Line 16 of Schedule A.

 

See https://www.irs.gov/instructions/i1040sca#idm140356993300496

 

 

Note the filing requirements for Form 706:

https://www.irs.gov/instructions/i706#idm139646240247280

 

 

‎March 24, 2021 10:13 AM
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