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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: of 121594  
Subject: Re: Inherited IRA Q Date: 3/26/2013 11:25 PM
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would that make it taxed as ordinary income
instead of 'estate' taxed?


I'm not sure what the question is. The values of IRAs are included in the gross estate calculation and, depending on the total value of the estate, may increase the amount of estate tax due from the estate. IRA distributions result in ordinary income to the recipient. If that recipient is the estate the estate may pay the income tax or may pass the taxable income through to the beneficiaries of the estate.

Phil
Rule Your Retirement Home Fool
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