Hello, I'm hoping someone can provide help on this. I'm the recipient of an annuity from a deceased parent. The income is reported on a 1099-R as it was part of my parent's retirement plan to name a contingent annuitant to receive survivor payments after death.
I'm still working age, not retired, and made contributions to my own Roth IRA in 2025. I'm reading about which types of retirement fund distributions should NOT be listed on form 8880 when calculating the Credit for Qualified Retirement Contributions/Saver's Credit and I'm confused. It says that nonspousal inherited IRA distributions should not be listed on this form. This income isn't from an IRA, but it is nonspousal inherited.
I've found a help article from Intuit (linked, scroll to bottom) suggesting it shouldn't be included, but nothing seems to speak to this situation specifically. If it goes on form 8880, okay. But I want to make sure I'm thorough first.
https://accountants.intuit.com/support/en-us/help-article/retirement-tax-credits-deductions/common-questions-form-8880-retirement-saving/L0i0qXKEG_US_en_US
Posted by friendlypupper