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john7556
Level 2

Retirement Savings Contribution Credit and inherited ira

My wife started making regular contributions to her employers 401k this year. My sister and I split my deceased father's ira between the 2 of us back in 2017. When filling out the questions for Retirement Savings Contribution Credit on turbotax federal free edition. There is no guidance or explanations for what counts as a qualified ira withdrawal? It just asks if in the last 3 years has either of us received money from a ira,401k etc.

 

Should I answer no if the only ira distribution was from a inherited ira account?

2 Replies
john7556
Level 2

Retirement Savings Contribution Credit and inherited ira

I searched here for my answer and found this. But there is 2 answers both are very different

https://ttlc.intuit.com/community/retirement/discussion/do-i-have-to-count-my-rmd-from-my-inherited-...

ColeenD3
Expert Alumni

Retirement Savings Contribution Credit and inherited ira

This LINK has the valid answer.

 

If you are reading LINK 2, then you have to scroll down to get the same answer.

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