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thomas_mitchell
New Member

401k inheritance distribution

I got a 401k inheritance distribution that had the estate as the named beneficiary.  I will be getting a K-1 from the Estate for the December 2016 estate distribution - but it doesn't appear I will receive a "typical" 1099-R.  How do I enter this taxable income?
1 Best answer

Accepted Solutions
macuser_22
Level 15

401k inheritance distribution

The estate received the 1099-R, not you.   You only enter the K-1. Under Income -> Business Investments and Estates/Trusts -> Schedule K-1.
**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.**

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1 Reply
macuser_22
Level 15

401k inheritance distribution

The estate received the 1099-R, not you.   You only enter the K-1. Under Income -> Business Investments and Estates/Trusts -> Schedule K-1.
**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.**

View solution in original post

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