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April 6, 2025
Question

Is an Inherited IRA distribution taxable?

  • April 6, 2025
  • 1 reply
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My wife's father deceased. She inherited a portion of the IRA. Is this taxable?

1 reply

April 6, 2025

It depends.  In general, she would have to pay the same tax tat he would have- so if it was a Roth IRA it would most likely not be taxable, but if it was a traditional IRA, some or all of it would be taxable.