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Get your taxes done using TurboTax
It's weird. Even though box 7 of the 1099-R is set to 4, TT still asks if you inherited the IRA. Then, if you answer NO, the first question it asks is when the person you inherited it from died.
So this seems to be riddled with bugs. That's disappointing because one of the main reasons I use TT is so I won't have to bother worrying about the special rules that apply to the particular year I am filing. I assume they will keep on top of that for me so I don't have to bother with it.
Now I know that isn't right ... at least not in this case.
March 12, 2021
12:38 PM