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Retirement tax questions
Then the inherited IRA must be maintained separately and kept in the name of your father with you as benificuary. The RMD is separate and calculated separately and differently from your own RMD.
See IRS Pub 590B for information. - "IRA beneficiaries"
<a rel="nofollow" target="_blank" href="https://www.irs.gov/publications/p590b#en_US_2017_publink1000230750">https://www.irs.gov/publication...>
See IRS Pub 590B for information. - "IRA beneficiaries"
<a rel="nofollow" target="_blank" href="https://www.irs.gov/publications/p590b#en_US_2017_publink1000230750">https://www.irs.gov/publication...>
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎June 5, 2019
11:28 PM