To clarify, TurboTax is correct in putting code "N" on the inherited IRA and it is taxable in Michigan? My wife inherited the IRA from her parent. In the past, neither of us was able to deduct the pensions and IRA distributions (to Roth and cash) on the Michigan return because we weren't old enough, and Michigan also has changed the tax law on retirement incomes for 2023. The question on whether Michigan taxes inherited IRA didn't come up until now.
