Can it be rollovered?

[NotEasy]

Taxpayer's mother died in 2010. And he has just received a check for the distribution of her retirement pension as inheritance about 1 month ago. Since it is still within the 60 days period, can he put the check into his IRA in order to make it a tax free rollover?

[ChEAr$]

Taxpayer's mother died in 2010. And he has just received a check for the distribution of her retirement pension as inheritance about 1 month ago. Since it is still within the 60 days period, can he put the check into his IRA in order to make it a tax free rollover?

Short answer; no.

If he had had presence of mind and consulted you, you would have told him to have custodian recharacterize account with his name on it so he could continue the schedule she had already started. Or if she had not begun to draw, he could start drawing on it, but NOT rollover into HIS account.

[Burke]

Taxpayer's mother died in 2010. And he has just received a check for the distribution of her retirement pension as inheritance about 1 month ago. Since it is still within the 60 days period, can he put the check into his IRA in order to make it a tax free rollover?

Fully taxable, no rollover, unless he can convince custodian to take it back and redo. Yell, scream and grovel.