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rickontheroad-be
Level 1
December 31, 2023
Solved

Do I report an inherited annuity?

There are two totaling $34000 that were named in my name and given to me after my mother passed in 2019. I was given them in 2022.
dmertzAnswer
Level 15
December 31, 2023

Expert Reviewed

Inheritance of the annuities is not reportable.  Distributions from the inherited annuities are reportable.  You'll receive Forms 1099-R for such distributions. 

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2 replies

Anonymous_
Level 15
December 31, 2023
No text available
dmertzAnswer
Level 15
December 31, 2023

Expert Reviewed

Inheritance of the annuities is not reportable.  Distributions from the inherited annuities are reportable.  You'll receive Forms 1099-R for such distributions. 

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