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Retirement tax questions
An inherited IRA is always an inherited IRA and the rules on withdrawals are always different than in a regular IRA.
Regarding regular investments (stocks, bonds) you should only have anything to report when you sell them (on a 1099-B form). When you do sell, you will still need to list them as inherited, and the date, and the value on the day you inherited them, to calculate your capital gains. (Your broker is probably tracking this for you.)
March 28, 2021
7:49 PM