dmertz
Level 15

Retirement tax questions

I agree, TurboTax provides misleading guidance here.  The problem is with:

 

"On the next page, select that Mom put the inherited funds into Mom's own IRA account in 2024"

 

If no other amounts were taken from the inherited IRA, do not select this.  If the Form 1099-R included other amounts distributed to your mother that your mother rolled over to her own IRA, you'll need to split the Form 1099-R into two, one for the portion rolled over and another for the portion not rollover over which would include the RMD.