https://ttlc.intuit.com/community/retirement/discussion/inherited-ira/01/3634273#M247482 <P>I inherited an IRA from my husband in 2024. It was rolled over into my IRA, but the RMD from his account was taken out and sent to my bank account. &nbsp;They took out about $5000 in taxes. &nbsp;I received a 1099-R in my name, but indicating my husband as original depositor. &nbsp;The distribution code was 4. &nbsp;I completed the Turbo Tax instructions, but it seems to be refunding the $5000 to me. &nbsp;How can that be correct? &nbsp;</P> Mon, 07 Apr 2025 17:51:03 GMT r-doucette 2025-04-07T17:51:03Z https://ttlc.intuit.com/community/retirement/discussion/inherited-ira/01/3634273#M247482 <P>I inherited an IRA from my husband in 2024. It was rolled over into my IRA, but the RMD from his account was taken out and sent to my bank account. &nbsp;They took out about $5000 in taxes. &nbsp;I received a 1099-R in my name, but indicating my husband as original depositor. &nbsp;The distribution code was 4. &nbsp;I completed the Turbo Tax instructions, but it seems to be refunding the $5000 to me. &nbsp;How can that be correct? &nbsp;</P> Mon, 07 Apr 2025 17:51:03 GMT https://ttlc.intuit.com/community/retirement/discussion/inherited-ira/01/3634273#M247482 r-doucette 2025-04-07T17:51:03Z https://ttlc.intuit.com/community/retirement/discussion/re-inherited-ira/01/3634430#M247499 <P>Exactly $5,000 ?</P><P>if your income is such that your <STRONG>tax</STRONG> is Zero, any withholding will be sent back to you.</P><P>&nbsp;</P><P><a href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/5823649">@r-doucette</a>&nbsp;</P> Mon, 07 Apr 2025 18:34:28 GMT https://ttlc.intuit.com/community/retirement/discussion/re-inherited-ira/01/3634430#M247499 fanfare 2025-04-07T18:34:28Z