My wife's father deceased. She inherited a portion of the IRA. Is this taxable?
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1 Replies
MaryK4
Expert Alumni
Apr 5, 2025 6:26:21 PM
It depends. In general, she would have to pay the same tax tat he would have- so if it was a Roth IRA it would most likely not be taxable, but if it was a traditional IRA, some or all of it would be taxable.