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Get your taxes done using TurboTax
@skfromaz2 , a trustee-to-trustee transfer of an inherited IRA is nonreportable and you should not have received a Form 1099-R for this transaction. TurboTax knows that a reported distribution from an IRA inherited by a non-spouse beneficiary is not permitted to be rolled over, so it will not ask you if you moved the money to another retirement account.
Contact the original IRA custodian to obtain a corrected Form 1099-R showing that $0 was distributed.
(Banks treating non-reportable trustee-to-trustee transfers as reportable is a common bank error due to local branch employees being insufficiently trained in preparing the bank's forms for such transactions.)
‎February 13, 2022
7:30 AM