in reply to:
MarilynG1
Employee Tax Expert,
Where does the page you posted come in. I'm running Premier and though it askes similar questions, it is not laid out like your page.
How to answer the RMD question is not intuitive. I think TT should have provided a LOT of guidance/help in dealing with this item. Inherited IRAs are supposed to get same treatment as regular IRAs but TT doesn't ask if you rolled over/redeposited the amount. I went back and changed in TT "no RMD required" for the regular IRAs and Inherited IRAs, it says regular IRAs distributions won't be taxed and if you go to the taxable summary it shows them as not taxed. However, Inherited IRAs (supposed to get same treatment as regular IRAs) but TT shows it as taxed in the taxable summary. Further, on the 1040-SR, it carries the the returned Inherited IRA distribution down to the AGI.
I don't feel comfortable with TT at the moment.
