I inherited a Roth IRA from my father. I took a gross distribution of all the funds, the 1099R is stating that @$7K is taxable. The distribution code on the 1099R is 4D. From what I have been reading, and I may be misunderstanding this, but if this Roth has been in place for over 5 years, I thought none of it was taxable income? This IRA has been in place for over 30 years, my Dad passed at 93. Box 5 has a number in it that equals about half the total distribution.
