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.

133

Level 15

Feb 20, 2021 1:47:27 PM

Many people have reported this problem on this forum. This bug is apparently being investigated.