My return was rejected due to FED_Taxable_Inherited_IRA but I did not inherit an IRA.

[magicmurali]

Same issue for me.. Can a Turbotax expert provide an input on what this issue mean and how they plan to fix it?  thanks.

[blue-arch7]

Same problem here - my return was just rejected with same reason cited. I did not inherit an IRA (and checked "no" to the Inherited IRA question in the TT software). Only did a conversion from my Traditional IRA to a Roth. Must be a TT software problem...

[stuartboren]

Fed was rejected due to non-existent Inherited IRA. 

Details: My wife and I each have traditional IRAs, have distributions (partially taxable), have correct 1099-Rs (no Roth) and each have Form 8606.  Same situation as in prior years and has always worked fine.  Will wait for TT to fix problem (March 5?).

But State was filed concurrently and is now "Pending".  What happens there?  Fed 1040 accompanies (is "part of") State return.  Will State return be rejected?  Whether or not it's rejected, will I have to re-submit the State return? 

TT, please provide answers.  Thank you.

[gceller]

I filed simultaneously Fed + NJ +MA and all 3 were rejected at the same time because of the Fed rejection of the non-existent inherited IRA. This must be a TTax bug. Will it be fixed by March 5? Will they let us know when it is fixed? 

[gceller]

Reject code (maybe?): FED_Taxable_Inherited_IRA

But I do not have an inherited IRA

[williasp]

Does this problem also occur with the download version?

I will hold off filing until I see on this forum that the problem was solved.

[Click]

Yes, I am using TT Premier Windows 10 desktop product.

[gceller]

I use Turbotax Premier downloaded to a PC with Windows 10.

[stuartboren]

I use downloaded Deluxe version to PC running Windows 10.  Same problem.

Does Turbo Tax ever read and/or respond to any of these messages?  Is there any way to formally report this problem?  I hesitate to keep "resubmitting" my return since I think we're only allowed to do that a few times (5?).  I shudder sending a stack of paper to the IRS and to CA's FTB.

[Click]

Don't worry about that. I don't think an e-file counts unless accepted. I've now done 8 e-files with 8 rejected. I haven't dealt with so much rejection since high school.

It is unlikely that anyone from TT is actually going to see this thread and act upon it. If you've got a couple of hours to kill you could contact support. This works better if you have Premier, but the best likely outcome even there is to be told it is a known issue. I spent several hours with Premier support regarding an issue where Turbotax is not transmitting Form 1116 "Various" as year-end date, leading to most of those rejections, and Premier support never did give me even that satisfaction.

Regarding state, it could very well be that your state requires that they be submitted together, but I know I'd never submit both but instead wait for Fed to be accepted and then file state.

[TSpalding]

Same problem here. Will wait until March 5 and refile.

[DMZ1]

Same issue for me-downloaded Mac version.

[fermin1952]

We had the same issue just yesterday 2 26 2021. We do not have an inherited IRA, and I made sure we answered NO to all the inherited questions through the step by step interview. 

Need Turbo Tax bug fix asap

Thank you

[gbmtax]

Someone asked: Does this happen with the downloaded version?

Yes. I use the downloaded Premier version for Mac. My returns were filed and rejected on 2/26 because of this issue. 

[sost]

I spent over an hour on the phone today with TurboTax about this issue, but wasn't able to resolve it, and I'm even sure that either of the agents I talked to recognized this as a software bug. I'm not what to do, other than try again after March 5. 

And unfortunately, it looks like there is no satisfaction guarantee for the Online product: 

https://ttlc.intuit.com/community/charges-and-fees/help/does-your-unconditional-60-day-money-back-gu...