"I inherited this IRA" -- does this refer to the current tax year. I.e., if I inherited IRA 12 years ago, then how do I answer? Thx!
01514
1 Best answer
dmertz
Level 15
Mar 23, 2024 8:27:49 AM
TurboTax is asking if you received this distribution as a beneficiary rather than owner of the IRA. If the Form 1099-R has code 4 in box 7, the answer is Yes.
1 Replies
dmertz
Level 15
Mar 23, 2024 8:27:49 AM
TurboTax is asking if you received this distribution as a beneficiary rather than owner of the IRA. If the Form 1099-R has code 4 in box 7, the answer is Yes.