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Get your taxes done using TurboTax
Even if you answer no to the question about whether or not it was an inherited IRA, it still treats it as an inherited IRA because Box 7 of the 1099-R is type 4 (Death).
This problem seems to be another bug in Turbotax related to the CARES Act. provisions.
Here is the workaround I used.
I set the value of the worksheet field I posted above to zero. That way the form still appears when I look at the forms, but it doesn't print out or seem to have any other effect on anything else. And it passes the "Review" test.
I don't believe that Form 5329-T needs to be filed in this scenario so the solution seems to generate an accurate result.
March 12, 2021
12:14 PM