argabbard
New Member

IS A DISTRIBUTION FORM A DECEASED PARENTS RETIREMENT ACCOUNT TAXABLE?

My father passed away last year and his management pension fund sent me a disbursement of his retirement account. I received a 1099-R for that amount and it says in box 2a that it is taxable. I thought it would be considered an inheritance and non-taxable. Do I have to claim it on my tax return?