topic When calculating the cost basis for traditional IRAs with nondeductible contributions, are additional inherited IRA balances added to the total balance amount. in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/when-calculating-the-cost-basis-for-traditional-iras-with-nondeductible-contributions-are-additional/01/523248#M48682 Wed, 05 Jun 2019 03:22:38 GMT jarreau404 2019-06-05T03:22:38Z When calculating the cost basis for traditional IRAs with nondeductible contributions, are additional inherited IRA balances added to the total balance amount. https://ttlc.intuit.com/community/retirement/discussion/when-calculating-the-cost-basis-for-traditional-iras-with-nondeductible-contributions-are-additional/01/523248#M48682 Wed, 05 Jun 2019 03:22:38 GMT https://ttlc.intuit.com/community/retirement/discussion/when-calculating-the-cost-basis-for-traditional-iras-with-nondeductible-contributions-are-additional/01/523248#M48682 jarreau404 2019-06-05T03:22:38Z Only if you are the spouse of the deceased and choose to... https://ttlc.intuit.com/community/retirement/discussion/only-if-you-are-the-spouse-of-the-deceased-and-choose-to/01/523255#M48683 <P>Only if you are the spouse of the deceased and choose to treat the inherited IRA as your own.</P><P>If inherited form a non-spouse then any basis in the inherited IRA must be kept separated and tracked on a separate 8606 form.&nbsp;&nbsp;&nbsp; That cannot be done with TurboTax since TurboTax does not support the 8606 for an inherited IRA.&nbsp;&nbsp; The 8606 would have to be manually prepared and attached to a mailed tax return.<BR /></P> Wed, 05 Jun 2019 03:22:39 GMT https://ttlc.intuit.com/community/retirement/discussion/only-if-you-are-the-spouse-of-the-deceased-and-choose-to/01/523255#M48683 macuser_22 2019-06-05T03:22:39Z