I inherited a small pension when my Dad passed away. I received a 1099R that states the whole amount is taxable. Is this correct?

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I inherited a small pension when my Dad passed away. I received a 1099R that states the whole amount is taxable. Is this correct?

Yes. In general, inherited retirement plan distributions are taxable.

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I inherited a small pension when my Dad passed away. I received a 1099R that states the whole amount is taxable. Is this correct?

Yes. In general, inherited retirement plan distributions are taxable.

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