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New Member
posted Mar 1, 2025 1:35:28 PM

inherited IRA in 2010 and pay taxes on distributions Parent earned too much to deduct contributions. Should I be paying taxes on distributions? If not, how to document?

0 1 1078
1 Replies
Expert Alumni
Mar 1, 2025 1:37:30 PM

Yes, in most cases for inherited IRAs, you would pay the taxes on distributions the same way that the decedent would have.