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Retirement tax questions
Box 7, 1st code is 4. No other codes. Simple box checked.
Anyway, I figured a way to get it to work.
If you use the Step by Step, you must answer NO to "did you inherit this IRA from....." Answer all the other questions accurately
OR
on the 1099-R leave the section under Inherited IRA blank,
OR
on the 1099-R under inherited IRA, check "Treat as recipient's own (this is treated as a rollover"
Not sure which workaround is better.
Something obviously changed with the updates because all worked before with "Someone other than spouse" checked and the same amount in gross distribution and 2a, taxable amount.
BUG!
March 26, 2021
3:42 PM