turbotax icon
turbotax icon
cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Yes No
JimmiBeans88
Level 1

Roth Conversion

My Dad passed recently and I inherited a traditional IRA account. Can I convert a traditional IRA into a Roth IRA?

posted
‎January 26, 2022 9:38 AM
last updated ‎January 26, 2022 9:38 AM
0
2
468
Reply
Bookmark Icon
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
MarilynG1
Expert Alumni
Expert Alumni

Roth Conversion

Only if inherited from a spouse.   A spouse can choose to treat the inherited IRA as their own IRA and then can do anything that would be allowed with their own IRA. 

 

Anyone else must keep the inherited IRA in the name of the deceased and treat as inherited.

 

Click this link for more info on Inherited IRAs. 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎January 26, 2022 9:47 AM
0
1
452
Reply
Bookmark Icon
JimmiBeans88
Level 1

Roth Conversion

Thanks!

‎January 26, 2022 9:49 AM
0
451
Reply
Bookmark Icon

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post

Featured forums
Taxes
Lower Debt
Investing
Self-Employed
All topics

Unlock tailored help options in your account.

Live Assisted: Get answers to all your tax questions! Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Live Assisted. Explore your options!
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question

Related Content

user17727448620
monuma
nylovells
cririuss_ca
warddrennan