topic IRA inheritance in Get your taxes done using TurboTax

IRA inheritance

fresh_olga — Tue, 24 Feb 2026 07:34:34 GMT

Can I pass the IRA inherited from my husband to my stepdaughters? What would be the best way to do it with minimum tax implications?

Re: IRA inheritance

TeriH — Wed, 25 Oct 2023 19:39:12 GMT

You can disclaim the IRA . It must be in writing and delivered to the person or entity who is holding the property (in this case the IRA provider) within nine months after the death of the original transferor .

Here is a great Morningstar article to read through and ensure you meet the conditions.

Re: IRA inheritance

jeffaudit — Thu, 02 Nov 2023 18:09:33 GMT

I inherited my mothers Ira and I have 2 brothers

This money was to be split equally between us

However my 2 brothers agreed to fill out a disclaimer and give their portion to me.
My oldest brother turned in his disclaimer and it has been accepted.
My other brother has not turned in his disclaimer for several months now. Merril Lynch says they can’t distribute any portion until they receive his disclaimer. I don’t care if he keeps his portion, but I don’t understand why myself or my older brother can’t get our money until my other brother turns in his documents

Re: IRA inheritance

Katherine S 63 — Thu, 09 Nov 2023 20:32:50 GMT

Hello,

I think this would be a question more for Merrill Lynch. They would understand the ins and outs of releasing IRA.

I hope you get your answer.

Katie S.