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Retirement tax questions
The issue I have is not the calculation of the taxable amount of the distribution. I have done that myself over the past 10 years by following the instructions on Form 8606. The IRS requires the inclusion of Form 8606 with Form 1040. Since TurboTax will not generate Form 8606 for an inherited IRA, I have to override the form which precludes me from Efiling.
March 1, 2022
11:20 AM