recieved an ira tranfered to myself directly inherited does expire next year was told no tax due this year?
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Hi jslimmers,
Thanks for participating in today's event!
It sounds like you received an inherited IRA. There are various factors that determine the tax impact of this.
This IRS site provides more guidance on this issue: Retirement Topics - Beneficiary
I hope this information is helpful.
Kindly,
Katie
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