I was the beneficiary of a life insurance annuity. Turbotax is treating it like an IRA complete with a RMD. Should I say it all is an RMD?

Inherited part of an life insurance annuity paid for by my aunt. TTAX is treating it like an IRA and asking me if it's an RMD. What do I say?

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I was the beneficiary of a life insurance annuity. Turbotax is treating it like an IRA complete with a RMD. Should I say it all is an RMD?

Yes - since this was an inherited annuity, then all of it will be an RMD.

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I was the beneficiary of a life insurance annuity. Turbotax is treating it like an IRA complete with a RMD. Should I say it all is an RMD?

Yes - since this was an inherited annuity, then all of it will be an RMD.

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