3121327
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Do I report an inherited annuity?

There are two totaling $34000 that were named in my name and given to me after my mother passed in 2019. I was given them in 2022.
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
dmertz
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Do I report an inherited annuity?

Inheritance of the annuities is not reportable.  Distributions from the inherited annuities are reportable.  You'll receive Forms 1099-R for such distributions. 

View solution in original post

2 Replies

Do I report an inherited annuity?

 
dmertz
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Do I report an inherited annuity?

Inheritance of the annuities is not reportable.  Distributions from the inherited annuities are reportable.  You'll receive Forms 1099-R for such distributions. 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question