Solved: Received a 1099R for an IRA I inherited and transfered to an inherited IRA. Box 2 and 2a both have the total amount? Should 2a have anything other than 0?

guitarbruce · Jun 6, 2019 3:13:20 AM

I started an inherited IRA with the proceeds of the original IRA from my Mother.Entering the 1099R as written will cause me to pay taxes on the total (as income) as well as when I take RMDs. This can't be correct.

benzaquenbills

New Member

I received a NYS IT-204-IP. In Partners Credit information, Part 2, there is a code 256 with an amount. It won't fill in the correct section on IT-256. Thoughts?

in Business & farm

skylarmckenzie60

New Member

I haven't received my first or second amount of taxes and my address did change, but even my first amount of money should have came back to me and it didn't. Fix it

in After you file

rhartmul

Level 2

Trying to understand why my K-1 Form 1065 Line 5 Interest Earned amounts are being transferred to my schedule B and why they are not being offset by my passive losses.

in Business & farm

bruce-carr49

New Member

I am 75 with an IRA, receiving 2025 RMD. Part of the RMD paid directly to my church. Am I correct in assuming I do not have to include this amount in my taxable income?

in Retirement tax questions

slsarasean

New Member

My refund amount that I receive was not the amount that IRS said they sent over

in After you file

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Received a 1099R for an IRA I inherited and transfered to an inherited IRA. Box 2 and 2a both have the total amount? Should 2a have anything other than 0?

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Received a 1099R for an IRA I inherited and transfered to an inherited IRA. Box 2 and 2a both have the total amount? Should 2a have anything other than 0?

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