Inherited IRA
I transferred an inherited IRA to another inherited IRA account. Do I have to report this on my taxes?
I transferred an inherited IRA to another inherited IRA account. Do I have to report this on my taxes?
NO. There should be nothing to report.
The inherited IRA was permitted to be moved only by nonreportable trustee-to-trustee transfer. You should receive no Form 1099-R for this movement of funds. A Form 1099-R showing this as a distribution would imply that a distribution was made that was not permitted to be deposited back into an inherited IRA.
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