Inherited IRA or Pension Plan
Menu Path: Income > Common Income > Retirement Income (1099-R)
If you inherit an IRA or pension, the IRA or pension distribution received is generally treated the same way as if the decedent would have reported the income. So, usually the IRA or pension distribution will need to be reported as taxable income on your tax return.
We'll help you correctly report distributions from an inherited IRA after you enter the related 1099-R.
If you inherit an IRA or pension, the IRA or pension distribution received is generally treated the same way as if the decedent would have reported the income. So, usually the IRA or pension distribution will need to be reported as taxable income on your tax return.
We'll help you correctly report distributions from an inherited IRA after you enter the related 1099-R.
