I only asking how to enter the information into TurboTax Business because this is an estate tax return. These are my steps
Federal Taxes
Income
other income or loss
I entered the Inherited traditional IRA 1099-R box 2a
I entered the Inherited Roth IRA 1099-R box 2a
Example:
Other Income Amount
1099-R Traditional Box 2a $5000
1099-R Roth IRA Box 2a $0
I want to know if I need to go to the distribution tab and enter the total of the distributions ($10,000) to Beneficiaries, which would include non-taxable Roth IRA? FYI-I am the Executor and the only Beneficiary
