I am a widow who received my husband's Vanguard IRA Account in 2005. 2016 was the 1st year I had to take an RMD. Turbo Tax is asking if I inherited this account.

royal-airs · ‎June 1, 2019

Is this considered inherited if I have had this IRA in my name since 2005 (12+ years ago)?

macuser_22 · ‎June 1, 2019

No. If you had it place in you name it is no longer inherited - it is your IRA. An inherited IRA would have a code "4" in box 7.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

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macuser_22 · ‎June 1, 2019

No. If you had it place in you name it is no longer inherited - it is your IRA. An inherited IRA would have a code "4" in box 7.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

royal-airs · ‎June 1, 2019

Thank you for helping me on this question!

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I am a widow who received my husband's Vanguard IRA Account in 2005. 2016 was the 1st year I had to take an RMD. Turbo Tax is asking if I inherited this account.