https://ttlc.intuit.com/community/taxes/discussion/re-inheritance/01/3103461#M1138960 <P>Hello&nbsp;<A id="link_6" class="lia-link-navigation lia-page-link lia-user-name-link" href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/5354091" target="_self" aria-label="View Profile of Krubi"><SPAN class="">Krubi</SPAN></A>,&nbsp;</P> <P>Life Insurance and any other inherited assets or money is not taxable and not need to be reported, but inherited retirement accounts may be taxable.&nbsp; You will receive a Form 1099-R for any distributions you take out from the inherited retirement accounts. Depending on your father's age, you may have Required Minimum Distribution requirements.</P> <P>&nbsp;</P> <P>&nbsp;</P> <P>&nbsp;</P> Wed, 25 Oct 2023 16:38:44 GMT AmitaR 2023-10-25T16:38:44Z https://ttlc.intuit.com/community/taxes/discussion/inheritance/01/3103281#M1138959 <P>I inherited life insurance monies, a regular IRA account, a beneficiary IRA account, and money from my father. &nbsp;What do I have to report and how do I report each of these?</P><P>&nbsp;</P><P>Kim</P> Tue, 24 Feb 2026 07:38:09 GMT https://ttlc.intuit.com/community/taxes/discussion/inheritance/01/3103281#M1138959 Krubi 2026-02-24T07:38:09Z https://ttlc.intuit.com/community/taxes/discussion/re-inheritance/01/3103461#M1138960 <P>Hello&nbsp;<A id="link_6" class="lia-link-navigation lia-page-link lia-user-name-link" href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/5354091" target="_self" aria-label="View Profile of Krubi"><SPAN class="">Krubi</SPAN></A>,&nbsp;</P> <P>Life Insurance and any other inherited assets or money is not taxable and not need to be reported, but inherited retirement accounts may be taxable.&nbsp; You will receive a Form 1099-R for any distributions you take out from the inherited retirement accounts. Depending on your father's age, you may have Required Minimum Distribution requirements.</P> <P>&nbsp;</P> <P>&nbsp;</P> <P>&nbsp;</P> Wed, 25 Oct 2023 16:38:44 GMT https://ttlc.intuit.com/community/taxes/discussion/re-inheritance/01/3103461#M1138960 AmitaR 2023-10-25T16:38:44Z