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Retirement tax questions
You won't be taxed at all on the 1099-R that you rolled into the Inherited IRA account. When entering this 1099-R, enter it exactly as printed including the box 7 code. At the summary screen, click Continue and answer the follow up questions about "What Did You Do with The Money."
The RMD will be taxable, though.
‎June 6, 2019
5:04 AM