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Retirement tax questions
If these were distributions from two different Roth IRA CDs, it seems that there should be two Forms 1099-R for you to enter into TurboTax.
Many Roth IRA custodians state in their custodial agreement that a spouse beneficiary of the Roth IRA will automatically be treated as owner upon the death of the original owner. It's *possible*, but unlikely, that upon the death of your husband the custodian combined these investments into a signal account and both the distributions were then treated as coming from the same account, resulting only a single Form 1099-R being issued for the combined distributions. However, the numbers still don't add up, as VolvoGirl noted.
What is the code in box 7 of each of the Forms 1099-R that you received?
Did all of these distributions occur in 2016?
Many Roth IRA custodians state in their custodial agreement that a spouse beneficiary of the Roth IRA will automatically be treated as owner upon the death of the original owner. It's *possible*, but unlikely, that upon the death of your husband the custodian combined these investments into a signal account and both the distributions were then treated as coming from the same account, resulting only a single Form 1099-R being issued for the combined distributions. However, the numbers still don't add up, as VolvoGirl noted.
What is the code in box 7 of each of the Forms 1099-R that you received?
Did all of these distributions occur in 2016?
‎June 4, 2019
10:04 PM