Inherited IRA distribution
If I take an immediate distribution of all the assets, can I avoid paying taxes on by sinking it into something else like property or…?
If I take an immediate distribution of all the assets, can I avoid paying taxes on by sinking it into something else like property or…?
Permalink Submitted by David Mertz on Mon, 2023-04-03 00:01
No, investing in something outside of the IRA will not avoid taxation of the IRA distribution no matter what the investment is.