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New Member
posted Mar 1, 2021 2:18:48 PM

Why is a 1099R early distribution being marked as inherited in turbo tax? My returns keeps getting rejected, but I have not indicated that it was inherited.

Do I need to review this in a different section besides the Retirement Plans and Social Security Section?

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1 Replies
Intuit Alumni
Mar 6, 2021 10:06:57 AM

We are happy to inform you that we had an update to our system on 3/4/2021, that should have resolved the rejection issue that some TurboTax Customers were experiencing. We apologize for any inconvenience this caused and appreciate your patience as we worked to resolve your issue.

 

In the event that your issue was not resolved, I am including help articles to review that may be pertinent to your situation.

 

Help Articles:

 

Is an inherited IRA or retirement plan taxable?

 

How do I enter a backdoor Roth IRA conversion?

 

I receive a mandatory inherited IRA distribution

 

Where do I show income for an inherited IRA

 

If you’re using TurboTax Online, it’s been updated automatically. Just sign in and you can continue working.

 

If you’re using the TurboTax CD/Download Software, download and install the latest update. You can do this through the prompt when you launch the software or by following

these instructions.

 

If you’re still having trouble or there’s anything else we can help you with, feel free to give us a call.