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rorymays
Returning Member

Will I owe tax on a IRA cashed out inheritance that I received in 2017? Will it be due this year?

 
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BobinCT
Level 7

Will I owe tax on a IRA cashed out inheritance that I received in 2017? Will it be due this year?

Yes.  To both questions. You should have a 1099-R by now.  You'll need that for filing.

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1 Reply
BobinCT
Level 7

Will I owe tax on a IRA cashed out inheritance that I received in 2017? Will it be due this year?

Yes.  To both questions. You should have a 1099-R by now.  You'll need that for filing.

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