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Inherited 1099R in Mississippi

I was listed as a beneficiary upon death on my dad’s pension plan from the state of Mississippi. Mississipp does not tax pension plan payments as I receive a pension from a prior occupation in Mississippi. My dadwas a resident of Mississippi. I live in Mississippi as well and received a 1099R on this distribution. Do I pay Mississippi state income tax on my dad’s pension inheritance? 

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Accepted Solutions
MaryK4
Expert Alumni

Inherited 1099R in Mississippi

Generally, retirement income, pensions and annuities are not subject to Mississippi Income tax if the recipient has met the retirement plan requirements. Early distributions are not considered retirement income and may be subject to tax. 

 

You should not pay state income tax as beneficiary of your father's pension.  

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1 Reply
MaryK4
Expert Alumni

Inherited 1099R in Mississippi

Generally, retirement income, pensions and annuities are not subject to Mississippi Income tax if the recipient has met the retirement plan requirements. Early distributions are not considered retirement income and may be subject to tax. 

 

You should not pay state income tax as beneficiary of your father's pension.  

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

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