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Retirement tax questions
There should not be a penalty for a distribution from an Inherited IRA.
When you entered the 1099-R, was the distribution code "4"?
What year did the original owner pass?
Was the RMD the RMD you had to take, or was it what the original owner needed to take for tax year 2025?
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‎February 19, 2026
1:44 PM