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Get your taxes done using TurboTax
This refers to Form 8606, Line 7. My 2020 software is including a distribution from an inherited IRA on line 7 and it should not be included. I have 2 distributions - one from a traditional IRA and one from an inherited IRA. Both are being reported on Line 7, but only the distribution from the traditional IRA should be.
‎January 26, 2021
2:46 PM