"why didn't TT notice that the line asking for the value of my IRAs was blank and flag that for me? I think TT should fix this."
Several times I've posed this question to TurboTax forum moderators who I believe passed it along to the TurboTax Product Quality group. My concerns with regard to this were apparently ignored. As a result, TurboTax continues to blindly accept a blank entry for this value as meaning zero.
As you indicate, whenever Form 8606 reports a traditional IRA distribution TurboTax should flag a blank year-end value entry as an error. To me it seems like lazy programming to just treat the omission as user error. It baffles me that they would not implement such a simple check when over the years they have corrected over 50 other more complex TurboTax problems that I've reported related to retirement contributions and distributions.
