It may not be due to updates, but to how TurboTax handles an inherited IRA (Code 4) versus your personal IRA.
Typically, an inherited IRA is not automatically included in Line 7 of your Form 8606 because the IRS requires that distributions from an inherited IRA be kept separate from your own.
Therefore, verify that the IRA was/was not inherited. If you answered "Yes" it was, then you can manually enter the amount that is taxable by following the prompts.
In this case, you will need to complete a separate Form 8606 for the inherited IRA and manually calculate the taxable portion yourself, then enter that amount when prompted.
You can download a blank copy of Form 8606 from the IRS website here.
Note, since the TurboTax Online version does not currently support attaching documents, you will need to either mail your complete return with a copy of your printed and handwritten Form 8606, or e-file your return without it and mail it separately.
If you choose to mail it separately, ensure it is signed and dated. Additionally, you should include your social security number and "2025 Form 8606" at the top. Locate your IRS mailing address by clicking here.
However, if you are the owner and not the beneficiary and this was not an inherited IRA, temporarily change the Code in Box 7 to Code 7 to verify that the amount populates.
Note: This is only to verify that the amount populates. Do not permanently change the Box 7 Code in your original Form 1099-R.
You will need to request a corrected Form 1099-R if it is not the correct code.
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