- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
1099-r
Received a 1099-R for late brother's retirement account (which was in a living trust). There was a distribution in box 1 but box 2 has $0.00 for the taxable amount. On the Trust's tax return, Do I still record the amount in "Other Income" or do I record $0.00 since none of it is recorded as taxable.
The funds were distributed to beneficiaries as a direct rollover to their own IRA.
Thank you
Topics:
‎February 23, 2025
1:06 PM