True. Too bad there isn't something similar for inherited IRA's with a basis. The 1099-R issued for IRAs shows the gross distribution and then has the "taxable amount not determined" box checked which leaves it to the taxpayer to determine it. I'm surprised that the IRS and Turbotax and other tax prep companies haven't gotten together and provided an e-file avenue for the 8606 for an inherited IRA. Maybe it's an uncommon situation. I won't be facing it, but my children may.
