dmertz
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Retirement tax questions

Distributions from an inherited IRA have nothing to do with anything about your own IRAs.  When TurboTax asks for the year-end value in your IRAs, do not include the inherited IRA.

 

Make sure that you have entered your traditional IRA contributions and make sure that they are treated as nondeductible.  Examine the calculations on the two Forms 8606 to see that the nondeductible contributions appear on line 1.

View solution in original post