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Retirement tax questions
@TurboLover2 wrote:
I would call this a TT bug since answering that it is an inherited IRA (which it is) yields a dead end. TT currently has no support for rollovers of inherited IRAs under the CARES Act.
Perhaps. But except for 2020 and the CARES act, inherited rollovers are not allowed.
Because the major filing season will end in about a month, I very much doubt that they will make any changes since there is an easy workaround.
**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.**
March 7, 2021
8:54 PM