Thanks for your reply. My situation was different. The problem was how Turbo Tax worded the question. They asked if I had inherited the IRA, which I had. But it...
I found out the problem. As I had assumed ownership of the IRA it is NOT considered an inherited IRA. The RMD was made to me, not my spouse. So I did not say ye...
Can I just enter for the cost basis the sum of my cost basis for last years 8606 and my inherited IRA cost basis from my husbands 8606 from last year? Then put ...
Turbo Tax did NOT ask for the amount of taxable income for the inherited IRA. It totaled the RMDs from my IRA and the inherited IRA and calculated the taxable a...
