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Level 2
posted Mar 10, 2025 11:06:20 AM

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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1 Best answer
Expert Alumni
Mar 10, 2025 11:21:58 AM

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.  

1 Replies
Expert Alumni
Mar 10, 2025 11:21:58 AM

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.