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Returning Member
posted Apr 14, 2025 7:46:31 PM

Inherited RMD roll over is being included in my taxable income

I've entered my 1099-R information for my inherited RMD, answered the following questions.  As soon as I indicate it was an inherited IRA and enter my mother's name, my federal amount increases because its considering this as taxable income.  All of the RMD was rolled over into a new IRA.  I entered it the same way I did last year and it did not have this impact.  

0 2 392
2 Replies
Returning Member
Apr 14, 2025 9:03:56 PM

You can disregard.  While this is what is visually causing the change, something else is ultimately driving the change....its just not clear what it is.

Level 15
Apr 15, 2025 6:15:16 AM

"All of the RMD was rolled over into a new IRA."

 

RMDs are not eligible for rollover.  Any portion of these funds deposited into an IRA constitutes an ordinary contribution to the IRA, not a rollover.