1099-R

[rwebb210]

I received a 1099 R from my mother's death.

Box 1 states the gross distribution of $5000.00

Box 2A is Taxable amount $5000.00

Box 4 is Federal income tax withheld $500.00

Box 7 is flagged with code 4 death benefit. 

Do I report this on my return and is it considered income or an inheritance?

[DoninGA]

It is entered on your tax return as ordinary income.

[fanfare]

Enter this  1099-R in the IRA section.

Itis an "Inherited IRA"

@rwebb210