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Get your taxes done using TurboTax
Thanks DMertz
What am I missing?
You state "TurboTax has no capability for you to even enter the basis in an IRA inherited by a non-spouse beneficiary".
I have attached a screen print that clearly shows where to enter the non deductible contributions for my daughters Inherited IRA.
That entry carries through to show the correct amount on Form 1040, Line 4b.
Noting again that this is the CD download desktop version of TurboTax Premier for 2023
If the attached PDF file doesn't come through, go to the screen with the title "Tell Us A Little More About This Inherited IRA"
Comments??
‎February 16, 2024
7:54 PM