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y824ux5ap4
New Member

My 401k withdrawal was used to pay my mothers fineral bill

I used a 401k withdrawal to pay for my mothers funeral.  It says death is a reason that will lower my tax bill but does it matter whose death it was?
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MaryK1
Level 9

My 401k withdrawal was used to pay my mothers fineral bill

No, the Box 7 Code 4 Death applies to inherited retirement distributions- if you receive the distribution as a beneficiary, you do not have to pay the additional tax.  In your case, it does not apply.  I am sorry for your loss.

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MaryK1
Level 9

My 401k withdrawal was used to pay my mothers fineral bill

No, the Box 7 Code 4 Death applies to inherited retirement distributions- if you receive the distribution as a beneficiary, you do not have to pay the additional tax.  In your case, it does not apply.  I am sorry for your loss.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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