Yes. Follow the steps written by VictoriaD75 in her Turbo Tax post. The steps are as follows.
- "Under the Federal menu, choose Wages & Income
- Expand the menu for Retirement Plans and Social Security
- Click Start/Revisit next to IRA, 401(k), Pension Plan Withdrawals (1099-R)
- Answer Yes to Did you receive any 1099-R forms?. Click Continue
- You may either import the form or choose I'll type it in myself
- Choose Form 1099-R, withdrawal of money from 401(k) retirement plans, pensions, IRAs, etc.
- Enter the information exactly as it matches the 1099-R on the screen that follows, including distribution code in box 7
- If the code is 4-Death in box 7, the software will recognize it as inherited income and will ask questions. " Answer each question carefully.
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