I think we need to clarify.
If you inherited an IRA, you could keep it at the original bank or broker, or you could roll it over transfer it to your own bank or broker, but it must still be considered an "inherited IRA". The title on the account might be “John Smith IRA (deceased 11/27/09) F/B/O John Smith, Jr., Beneficiary” or "John Smith Jr. as beneficiary for John Smith Sr."
If this is the case, what are the codes in box 7 of your 1099-R for the rollover transfer?
Or, was it a workplace account that you rolled over transferred to an inherited IRA? If so, what are the codes?
Or, did you transfer the money from the inherited IRA to a regular IRA in your name? That is not permitted, and will come with all kinds of problems.
