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June 5, 2019
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My mother is taking a distribution from part of an IRA that she inherited from my father in 2014. What selection does she make on the tranferred fund question

  • June 5, 2019
  • 4 replies
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Best answer by dmertz

If she deposited the money reported on this Form 1099-R to an IRA her own name within 60 days of the distribution, select "I put the money into my own IRA account in 2017."  Otherwise, select "I did not put the money into my own IRA."

4 replies

Employee
June 5, 2019
What is the code in box 7 of the Form 1099-R provided by the payer?
Is the IRA/SEP/SIMPLE box marked?
kipkoenigAuthor
June 5, 2019
yes
Employee
June 5, 2019
And what is the code in box 7?
dmertzAnswer
Employee
June 5, 2019

If she deposited the money reported on this Form 1099-R to an IRA her own name within 60 days of the distribution, select "I put the money into my own IRA account in 2017."  Otherwise, select "I did not put the money into my own IRA."

kipkoenigAuthor
June 5, 2019
thank you.  appreciate it.