A spouse is receiving RMDs as the beneficiary. Who gets the 1099 and what would the code be?
Dead guy - Code 4?
Dead guy - Code 7?
Wife - Code 7?
Wife - Code 4?
I've been stuck on these scenarios for years and haven't gotten a solid answer out of anyone :\
Just a lot of shrugs and guesses.
Full Version: 1099-R Help!
Distribution from Inherited IRA, dead husband's IRA, beneficiary account in qualified plan?
QUOTE (K2retire @ Jan 16 2009, 04:41 PM) 
Distribution from Inherited IRA, dead husband's IRA, beneficiary account in qualified plan?
Oops.
Distribution from dead husband's account in a qualified retirement plan.
The wife actually received the payment, so the 1099 goes to her, and it is on account of death, so it is code 4.
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