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1099R from inherited Roth BDA

I received a 1099R from Fidelity for an inherited BDA account.  The account I inherited was a Roth IRA held for many years.  My understanding is that the required distribution is not taxable.  What are the correct entries in Turbotax for this situation?

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Accepted Solutions

1099R from inherited Roth BDA

the correct entries are the distribution code shown in box 7.on the 1099-R
this should result in no taxation.

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2 Replies

1099R from inherited Roth BDA

the correct entries are the distribution code shown in box 7.on the 1099-R
this should result in no taxation.
Chancpu98
New Member

1099R from inherited Roth BDA

I am beside myself.  I have used TT in the past.  This year I took out 20,000 from an inherited Roth IRA.  Marked it correctly in TT.  Filed my taxes and realized afterwards that TT has me paying tax on that distribution.  What do I do now?

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