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After you file
If you entered a pension distribution, you would have seen an option to designate it as an inherited IRA and you may have checked that box in error. You should go back through the form 1099-R entry and see if you can correct that entry if it applies.
Also, you may have had a pension distribution from a previous year that was from an inherited IRA, or was designated as such by mistake. If so, you may be able to remove it if it doesn't apply to this year by using these menu tabs in TurboTax:
- Tax tools (on the left menu bar)
- Tools
- Delete a form
Find the errant form 1099-R in the list and delete the form.
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March 3, 2021
12:34 PM