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New Member
posted Feb 2, 2021 3:18:27 PM

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

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2 Replies
Expert Alumni
Feb 2, 2021 3:49:04 PM

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.

Level 15
Feb 2, 2021 6:24:46 PM

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.