And TurboTax cannot create that 8606 for the inherited IRA
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If the inherited IRA had a basis and you have the deceased's last filed 8606 line 14 amount then you must fill out a paper 8606 manually. Figure out the taxable amount and enter that in the TurboTax interview for the inherited IRA where TurboTax asks for it. The print and mail your return with the 8606 attached.
**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.**
