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noonandp
New Member

Inherited traditional IRA

Inherited a traditional IRA from aunt and cashed out. How do I include that in my tax return?
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RichardG
New Member

Inherited traditional IRA

You should receive Form 1099R from the IRA custodian to report the distribution on your tax return.  Once you have the form, go to Federal Taxes>Wages & Income>Retirement Plans and Social Security to report the income.

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RichardG
New Member

Inherited traditional IRA

You should receive Form 1099R from the IRA custodian to report the distribution on your tax return.  Once you have the form, go to Federal Taxes>Wages & Income>Retirement Plans and Social Security to report the income.

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