Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
suziebxray
New Member

Where do I enter inheritance income that came from a retirement plan? All the paperwork I have points to it being MY account and it was never my account.

 
1 Best answer

Accepted Solutions
Tonita
Level 2

Where do I enter inheritance income that came from a retirement plan? All the paperwork I have points to it being MY account and it was never my account.

Code 4D indicates a distribution from an inherited nonqualified annuity or life insurance, so TurboTax and the IRS already knows that it's from an inherited account without asking.


View solution in original post

1 Reply
Tonita
Level 2

Where do I enter inheritance income that came from a retirement plan? All the paperwork I have points to it being MY account and it was never my account.

Code 4D indicates a distribution from an inherited nonqualified annuity or life insurance, so TurboTax and the IRS already knows that it's from an inherited account without asking.


Privacy Settings
v