Now it's 2023 and hopefully, the bug(s) discussed in 2021and 2022 posts have been fixed...
I was the designated beneficiary on my brother's 401(k) which was rolled over into an IRA-BDA at Fidelity in 2022. The basis is zero.
Just to be clear, TT will not complete a separate 8606 for this account and will not combine this account with my non-inherited IRAs shown on previous 8606's.
and...
For the years I decide to take distributions under the 10 Year Rule, all I have to do is correctly answer the questions TT asks about the related 1099-Rs and TT will add the distributions to 1040-SR, Line 4a, without changing. Nothing else.
Correct? Thx.
