Can i claim any part of an inherited IRA as a cont...
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strytlr206
New Member

Can i claim any part of an inherited IRA as a contribution to an IRA?

 
2 Replies
ToddL99
Employee Tax Expert

Can i claim any part of an inherited IRA as a contribution to an IRA?

No, you cannot claim any part of an inherited IRA as a contribution to another IRA. 

 

The person who left you the IRA already obtained a tax benefit when contributing them to their IRA.  Unless you take a taxable distribution from the inherited IRA account, you cannot use them to make a new contribution to another IRA.

fanfare
Level 15

Can i claim any part of an inherited IRA as a contribution to an IRA?

you cannot do a transfer.

any part of an inherited IRA you take out, you can do what you want with, including deposit into your own IRA.

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