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New Member
posted Apr 3, 2024 10:37:11 AM

I don’t include distributions from inherited ira in savers credit?

Do I have to include distributions from inherited ira in savers credit?

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2 Replies
Expert Alumni
Apr 3, 2024 10:58:15 AM

The Savers credit is based on contributions to certain retirement plans, and not on distributions from these plans.

 

See this TurboTax article.

Level 15
Apr 3, 2024 1:37:28 PM

When asked about distributions made 2 years before through the filing date of the tax return, a non-spouse beneficiary does not include distributions from an inherited IRA.  However, a spouse beneficiary must include these distributions.