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Level 2
April 20, 2020
Question

Separate Form 8606 for non spouse inherited IRA with basis

  • April 20, 2020
  • 1 reply
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How do you access in order to prepare a separate Form 8606 within ProSeries for a distribution from a non-spouse inherited IRA with basis?

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1 reply

rbynaker
Level 13
April 21, 2020

I think ProSeries will only support one 8606 for taxpayer and one 8606 for spouse.  Hopefully they will expand this in the future since we're seeing a lot more inherited IRAs with basis.  You may be able to fill it out manually and attach a PDF to the return to still efile but I haven't tried it.

MBSAuthor
Level 2
April 21, 2020

Thank-you for your help with this matter.