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Author: mkt Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121258  
Subject: Inherited IRA and Post-Tax Basis Date: 7/29/2010 3:52 PM
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If a wife or husband inherits their spouse's IRA, do they also inherit the Post=Tax basis from Form 8606 for the IRA?

Thanks

MKT
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Author: TMFPMarti Big funky green star, 20000 posts Home Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 110763 of 121258
Subject: Re: Inherited IRA and Post-Tax Basis Date: 7/29/2010 5:56 PM
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If a wife or husband inherits their spouse's IRA, do they also inherit the Post=Tax basis from Form 8606 for the IRA?

Yes. The same is true for any benficiary. See Pub 590.

Phil
Rule Your Retirement Home Fool

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