Should I claim money on 1099 as inherited if comes from deceased spouse retirement account I was the beneficary as well as on the account then trsf to me solely 5yrs ago

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Should I claim money on 1099 as inherited if comes from deceased spouse retirement account I was the beneficary as well as on the account then trsf to me solely 5yrs ago

No. You are not an "heir", you are a beneficiary. A retirement account distribution is taxable whether to the original owner or a beneficiary. You will get a form 1099-R to report the income.

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Should I claim money on 1099 as inherited if comes from deceased spouse retirement account I was the beneficary as well as on the account then trsf to me solely 5yrs ago

No. You are not an "heir", you are a beneficiary. A retirement account distribution is taxable whether to the original owner or a beneficiary. You will get a form 1099-R to report the income.

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Should I claim money on 1099 as inherited if comes from deceased spouse retirement account I was the beneficary as well as on the account then trsf to me solely 5yrs ago

Should I claim money on 1099 as inherited if comes from deceased spouse retirement account I was the beneficary as well as on the account then trsf to me solely 5yrs ago

Should I claim money on 1099 as inherited if comes from deceased spouse retirement account I was the beneficary as well as on the account then trsf to me solely 5yrs ago

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Should I claim money on 1099 as inherited if comes from deceased spouse retirement account I was the beneficary as well as on the account then trsf to me solely 5yrs ago

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Should I claim money on 1099 as inherited if comes from deceased spouse retirement account I was the beneficary as well as on the account then trsf to me solely 5yrs ago

Should I claim money on 1099 as inherited if comes from deceased spouse retirement account I was the beneficary as well as on the account then trsf to me solely 5yrs ago

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