Quote:
Originally Posted by disneysteve
We need to know a few things in order to answer your question.
From whom did you inherit the IRA? The rules are different if it came from your spouse or from someone else.
When did you inherit the IRA?
Were you the sole beneficiary or were there multiple beneficiaries?
How old was the decedent and had he/she started taking distributions from the IRA yet?
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It was inherited from my Grandfather in Aug 2008. I was one of four beneficiaries. He was 82 when he passed and was taking distributions.
In case my age is relevant, I am 28.