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Returning Member
posted Jun 1, 2019 1:02:05 AM

I closed an inherited IRA (from parent) in 2018 after taking rmd's for many years. Do I report as 'normal distribution' or 'final distribution'?

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1 Best answer
Expert Alumni
Jun 1, 2019 1:02:07 AM

You should choose "final distribution" since you will not be taking any more distributions for the Inherited IRA.

1 Replies
Expert Alumni
Jun 1, 2019 1:02:07 AM

You should choose "final distribution" since you will not be taking any more distributions for the Inherited IRA.