Solved: 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'?

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'?

posted

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

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

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'?