topic If I cashed out an inherited IRA from my mom in 2025 and paid taxes, do I indicate in Turbo tax that I inherited and IRA or cash? If an IRA then RMD steps are asked. in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/if-i-cashed-out-an-inherited-ira-from-my-mom-in-2025-and-paid-taxes-do-i-indicate-in-turbo-tax-that/01/3801537#M260988 I received a 1099-R indicating the distribution and the taxes paid with a distribution code of "4" (Death). But I had my mom's advisor cash it out and withdraw taxes before transferring to me. This was completed before end of 2025. So I am wondering if the situation of "I inherited this IRA" does not apply. Wed, 25 Feb 2026 21:31:10 GMT clayton-cart77 2026-02-25T21:31:10Z If I cashed out an inherited IRA from my mom in 2025 and paid taxes, do I indicate in Turbo tax that I inherited and IRA or cash? If an IRA then RMD steps are asked. https://ttlc.intuit.com/community/retirement/discussion/if-i-cashed-out-an-inherited-ira-from-my-mom-in-2025-and-paid-taxes-do-i-indicate-in-turbo-tax-that/01/3801537#M260988 I received a 1099-R indicating the distribution and the taxes paid with a distribution code of "4" (Death). But I had my mom's advisor cash it out and withdraw taxes before transferring to me. This was completed before end of 2025. So I am wondering if the situation of "I inherited this IRA" does not apply. Wed, 25 Feb 2026 21:31:10 GMT https://ttlc.intuit.com/community/retirement/discussion/if-i-cashed-out-an-inherited-ira-from-my-mom-in-2025-and-paid-taxes-do-i-indicate-in-turbo-tax-that/01/3801537#M260988 clayton-cart77 2026-02-25T21:31:10Z Re: If I cashed out an inherited IRA from my mom in 2025 and paid taxes, do I indicate in Turbo tax that I inherited and IRA or cash? If an IRA then RMD steps are asked. https://ttlc.intuit.com/community/retirement/discussion/re-if-i-cashed-out-an-inherited-ira-from-my-mom-in-2025-and-paid-taxes-do-i-indicate-in-turbo-tax/01/3801584#M260992 <P>You must mark the box labeled&nbsp;<SPAN>"I inherited this IRA" because you inherited the IRA from which the distribution being reported on the code-4 Form 1099-R was made.&nbsp; The taxable amount (likely the entire amount in box 1) will be added to your AGI and the tax withholding shown in box 4 of this Form 1099-R will be credited on Form 1040 line 25b.&nbsp; Any state tax withholding shown will be credited on your state tax return.</SPAN></P> Wed, 25 Feb 2026 21:48:02 GMT https://ttlc.intuit.com/community/retirement/discussion/re-if-i-cashed-out-an-inherited-ira-from-my-mom-in-2025-and-paid-taxes-do-i-indicate-in-turbo-tax/01/3801584#M260992 dmertz 2026-02-25T21:48:02Z