Retirement tax questions

macuser_22 · ‎January 28, 2021

@bprice1946 wrote:

Hope someone has an answer or TurboTax provides a fix.

If you see the inherited IRA amount on the 8606 line 7 then try this and see if it goes away.

Just edit the inherited 1099-R and change NO to YES and back to NO. When I did that it make the incorrect 8606 line 7 amount go away.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**