I am sole beneficiary of my father's IRRA and he passed in May 2017. Will Premier version allow me to account for that income and the car he gifted me?

[cydwallace]

I have withheld taxes prior to distribution.

[Karen1209 · Accepted solution]

Yes, inherited income is reported on Form 1099-R which is included with the Premier version.  Follow these steps to see the list:

1.   Click this link Tax Forms Included.  

2.    Scroll down to the middle of the page (blue banner).

3.    You can either type “1099-R” in the search box or scroll down to the “Other Tax Forms and Schedules” box where you will see it listed.

 However, a “gifted” car does not have to be reported.