- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Inherited spousal IRA reporting?
I am doing my mother's taxes for 2022. My father passed late 2021. In early 2022 we rolled my father's IRA into my mother's existing IRA at the same custodian. Prior to rolling over, the custodian sent the required 2022 RMD from my father's IRA (I guess since there was a balance on December 31, 2021) to my mother, then rolled over the remaining balance. We received a 1099-R for the amount of the RMD, with Code 4 Distribution due to death. I know this is taxable. My question is, should I have received any other reporting via 1099-R or other about the rollover amount? Or am I good just reporting the RMD distribution from the 1099-R Code 4?
‎February 22, 2023
1:19 PM