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Get your taxes done using TurboTax
You should receive a 1099-R form for the distribution. Contact the payer if you have not. The distribution codes on the form (box 7) are important to determine the tax treatment and the flow to your return (and the follow up questions).You are correct that inherited IRA proceeds need to be reported. To enter in TurboTax:
• In your open return, select My Account
• Tools
• Topic Search
• Type '1099-r' in the box, then select GO
• In your open return, select My Account
• Tools
• Topic Search
• Type '1099-r' in the box, then select GO
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June 4, 2019
10:03 PM