Forgive me for paraphrasing. I'd correct what I said about the 5498, but I can't get back to that screen. No matter.
1) My main question is why TurboTax needs that number. I didn't think it would have any impact at all on my taxes, but maybe it does. If so, I'd like to know how. If not, I'd suggest that maybe the program be improved so I don't have to go look up numbers that are not going to be used. And I wouldn't have to wonder what IRA balances to include. To wit,
2) I found some in-program help for that line. It says "Enter the total value of ALL of your traditional IRAs, including SIMPLE IRAs, as of December 31, 2023." When you click on the hyperlink for "traditional IRAs", it says "A traditional IRA is any IRA that is not a Roth IRA or a SIMPLE IRA". So by my reading, that would include inherited IRAs (it's not an inherited Roth). Your answer says not to include inherited IRAs. Which is correct?
