I have an IRA with a basis that was inherited from my mother many years ago. For about 15 years, I mailed Form 8606 for the IRA with a letter of explanation to the IRS after e-filing. For tax year 2023, I received a letter from the IRS instructing me to file an amended return that included the Form 8606. What a waste of time and money considering no calculations changed on the return.
For everything else Turbotax seems to do so well, it would seem like adding provisions for an inherited IRA Form 8606 would not be a big lift. I'm thinking the number of users with this issue is going to grow with time.
For tax year 2024, I'm going to go back to mailing the form separately and see if I get the amended instruction again. If yes, I'll start mailing the amended return with the form.
