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Level 6
March 25, 2025
Solved

Combining Two Inherited IRA

Upon the death of my wife our daughter inherited my wife's IRA's.

There were two IRA's. Both were my wife's.

From what I read, our daughter can combine both of her inherited IRA's into one as long as they are from the same person.

Also, there were after tax contributions to one of the IRA's. 

I understand that the cost basis from the after tax contributions carries to the combined inherited IRA.

Am I seeing this correctly?

Anything that I may be overlooking?

Thanks in advance.

    KrisD15
    KrisD15Answer
    Alumni - Intuit
    March 25, 2025

    Yes, all that you say is true. 

    They can be combined since they are from the same original owner and the after-tax treatment remains the same. 

     

    Sorry for your loss. 

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

    2 replies

    KrisD15
    KrisD15Answer
    Alumni - Intuit
    March 25, 2025

    Yes, all that you say is true. 

    They can be combined since they are from the same original owner and the after-tax treatment remains the same. 

     

    Sorry for your loss. 

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"
    RomperAuthor
    Level 6
    March 25, 2025

    Thankyou