DawnC
Expert Alumni

Retirement tax questions

Glad you got it straightened out on your tax return.   You are right - saying an inherited IRA is not an inherited IRA is not right.   But that question is meaningless on your tax return; it is not included anywhere.   The only reason that it is asked in TurboTax, same with the RMD, is to prevent roll-over entries, which are not allowed for either RMDs or Inherited IRAs.   They are updating the questions in the 1099-R interview, but there are a lot of covid related changes that still need to be made.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"