June 6, 2019 3:16 AM
Distribution code is 4 on Form 1099-R (Inherited IRA, Non-spouse, No Basis) and the distribution amount is on MY Form 8606 (I have a basis of my own) Line 7. Is this correct? I think it is because I have to pay taxes on the distribution. But I understand from the reply that the value of Inherited IRA should NOT be included on Line 6.