Inherited traditional IRA

noonandp · ‎June 4, 2019

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

RichardG · ‎June 4, 2019

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 · ‎June 4, 2019

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.