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M
Mortonstreet
March 22, 2025
Question

10 Year Averaging for inherited IRA

  • March 22, 2025
  • 2 replies
  • 0 views

Can a beneficiary who inherited an IRA from an aunt who was 45 years older than her do a 10 year averaging.  The owner of the IRA died in 2020 and the beneficiary distributed the entire IRA in 2024.

    2 replies

    KrisD15
    KrisD15
    March 22, 2025

    No, the beneficiary would not be entitled to use the Ten Year Tax Option. 

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    D
    dmertz
    March 22, 2025

    Special 10-year averaging is potentially available for lump-sum distributions only from employer plans, not from an IRA.

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