Re: Why is turbo tax putting inherited trad, no basis ira dist. on 8606 which is for my trad. basis ira? I listed inherited 1099R, code 4, and checked inherited box .
Announcements
Do you have a TurboTax Online account?
We'll help you get started or pick up where you left off.
Why is turbo tax putting inherited trad, no basis ira dist. on 8606 which is for my trad. basis ira? I listed inherited 1099R, code 4, and checked inherited box .
This gives incorrrect taxable and non taxable amounts and basis for the next year.
Why is turbo tax putting inherited trad, no basis ira dist. on 8606 which is for my trad. basis ira? I listed inherited 1099R, code 4, and checked inherited box .
Many people have reported this problem on this forum. This bug is apparently being investigated.