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

[JMars]

Same problem. Rejected today.  Using downloaded deluxe for Mac.  No inherited IRA.  My situation is as follow:

> 1. Traditional IRA => Roth IRA conversion - Yes. I had Roth conversions (backdoor/non-deductible)- me and my spouse)

> 2. Some non-deductible contributions to the Traditional IRA (form 8606) - Yes, have basis and have non-deductible contributions.

> 3. had estimated taxes paid - NO.  Not relevant for me. 

> 4. Turbotax DID fill out lines 6-12 of Form 8606

Beyond frustrating! 

[VTJF]

I guess we all meet back here on 5 March for the party?  

Same error as everyone else:

• Description of error:
  There is a potential issue with the calculation of your Taxable Inherited IRA.
• What needs to be done:
  We are reviewing updates to Taxable Inherited IRA calculations. We expect to have these updates done by March 5th, 2021.

Similar situation:

• Did not inherit an IRA
• Did convert TIRA to Roth 

For now I'm hoping this is a fixable software bug and not "User Error.'" :( 

[Ktigers8383]

I just spoke with a representative on the phone.  Had no clue what was going on! Unbelievable 

[Frrtrss]

I tried looking up the 590-B worksheet mentioned since lines 6-12 on 8606 were blank for me as well.

It looks like 590-B still isn't finalized for 2020. Draft isn't available either.:

https://www.irs.gov/forms-pubs-search?search=590-B

https://www.irs.gov/pub/irs-pdf/p590b.pdf

https://www.irs.gov/pub/irs-dft/p590b--dft.pdf

Maybe that's why the error is occurring.

[VTJF]

Thanks for letting us know--save calling in to hear they don't know the answer. 

[aonorato35]

Same issue.  I do not have an inherited IRA NOR did I INDICATE so.  Been online waiting for a turbo rep for 40 minutes. 

[Contrailz]

"FED_Taxable_Inherited_IRA" indicates this a 1099-R worksheet issue.

I don't believe this to be an 8606 problem.  I've had lines 6-12 blank for 3+ years.

[Bsch4477]

TurboTax is aware of this program and is supposed to have a fix by March 5. Update your program if you have the desktop version and refile after that date. 

[Bsch4477]

TurboTax is aware of this program and is supposed to have a fix by March 5. Please Update your program if you have the desktop version and refile after that date. 

[Bsch4477]

TurboTax is aware of this program and is supposed to have a fix by March 5. You can Update your program if you have the desktop version and refile after that date. 

[taoq]

+1

Just received the "rejected" notice.

 - No Inherited IRA

I'll wait to re-file after March 5.

[bwage30]

me too. same error and situation as others. traditional IRA to Roth conversion for the backdoor Roth. first time i've had this trouble with turbo tax.   not fun...

[Tax lord]

Do you mean they are aware of this PROBLEM?  Hopefully they are aware of the PROGRAM.

[sirgeoo]

No Inherited IRA. Same issue with Backdoor Roth IRA conversion....

[Contrailz]

@Frrtrss is on point.  Pub 590-B is not yet final for 2020.  TT needs that so it can annotate Form 8606 that it's using Worksheet 1-1 from Pub 590-B.