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Inherited Roth IRA

I inherited an annuity from my wife that was designated as a Roth IRA that I cashed out. I am 70 years old.  I did not take any other distributions from my retirement funds. The 1099-R that I received does not indicate that it was a Roth IRA. The Distribution code, line 7 has code 'Q', the IRA/SEP/SIMPLE box is blank, and Line 2b Taxable amount not determined is checked. How should I report this?

Thank you.

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1 Best answer

Accepted Solutions
rjs
Level 15
Level 15

Inherited Roth IRA

Distribution code Q identifies it as a Roth IRA. Just enter the 1099-R as it is.

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1 Reply
rjs
Level 15
Level 15

Inherited Roth IRA

Distribution code Q identifies it as a Roth IRA. Just enter the 1099-R as it is.

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