sjrcpa
Level 15
05-01-2020
12:07 PM
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The distribution from the inherited IRA should not be included on the 8606, nor should its 12/31/19 FMV.
In Screen 13.1, scroll down to the 8606 and check the Treat as Inherited box. See if that fixes it. Oops, that's a Lacerte answer. But look for something to indicate it is inherited IRA.
The more I know the more I don’t know.