- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I am sole beneficiary of my father's IRRA and he passed in May 2017. Will Premier version allow me to account for that income and the car he gifted me?
I have withheld taxes prior to distribution.
Topics:
June 3, 2019
10:54 AM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
Yes, inherited income is reported on Form 1099-R which is
included with the Premier version. Follow these steps to see the list:
1. Click this link Tax Forms Included.
2. Scroll down to the middle of the page (blue banner).
3. You can either type “1099-R” in the search box or scroll down to the “Other Tax Forms and Schedules” box where you will see it listed.
However, a “gifted” car does not have to be reported.
June 3, 2019
10:54 AM