- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Returns rejected because TurboTax thinks Roth IRA conversion was an inherited IRA.
In the section for 1099-R entries, I clicked "no" to the question of whether my Roth IRA conversion distribution was inherited. I also answered the question asking what I did with the money that I moved it to another retirement account, did a Roth conversion, and that the total amount was converted. The review told me there were no errors. The email from TurboTax says my returns were rejected because "FED_Taxable_Inherited_IRA - There is a potential issue with the calculation of your Taxable Inherited IRA." What happened, and how can I fix it?
ā€ˇFebruary 26, 2021
9:05 PM