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December 31, 2023
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Do I report an inherited annuity?

  • December 31, 2023
  • 2 replies
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There are two totaling $34000 that were named in my name and given to me after my mother passed in 2019. I was given them in 2022.
Best answer by dmertz

Inheritance of the annuities is not reportable.  Distributions from the inherited annuities are reportable.  You'll receive Forms 1099-R for such distributions. 

2 replies

Employee
December 31, 2023
No text available
dmertzAnswer
Employee
December 31, 2023

Inheritance of the annuities is not reportable.  Distributions from the inherited annuities are reportable.  You'll receive Forms 1099-R for such distributions.