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April 9, 2024
Question

Per a divorce decree I am to receive all of the Ex's pension upon his death. He was drawing his pension while alive so the question I have is that when I report for taxes is the pension seen as such or is it considered as RMD income for me?

  • April 9, 2024
  • 1 reply
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    1 reply

    JohnB5677
    April 9, 2024

    If this is a pension, and your Ex was receiving a monthly income, there will not be a RMD.

    Regardless, the entire amount is taxable.

    If I misunderstood and it was an IRA distribution, you can take any amount out, but at a minimum it must be the RMD based on your Ex's birthdate.

     

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