Included in my income was $5128.69 from my son's Roth IRA which I gave to his wife to make partial payment of his funeral costs. Is there a different way to report this?

[bwa · Accepted solution]

Sorry, but there is no exemption from tax if the proceeds are spent on funeral, burial or probate expenses.

(I'm assuming the Roth distribution is taxable - under many circumstances, they aren't.)

[g9l8j7]

Edward Jones people indicated that all the necessary taxes had been paid on Brad's account before it was sent to the acct assigned to me. Therefore I think the $5128.69 would not be taxable.

[bwa]

If you had the money in the IRA for five years,you are most likely correct.